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    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 28: Accounting Concepts and Systems
  5. Question
    Net Profit / Loss Is Transferred to the ______ Account
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Net Profit / Loss Is Transferred to the ______ Account

Question 27

Question 27

Multiple Choice

Net profit / loss is transferred to the ______ account


A) Asset account
B) Liabilities account
C) Capital account
D) None of these

Correct Answer:

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