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    Financial Accounting
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    Exam 47: Single Entry System and Profit Calculation
  5. Question
    The Income and Expenditure Account Begins with
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The Income and Expenditure Account Begins with

Question 36

Question 36

Multiple Choice

The Income and expenditure account begins with


A) Debit balance
B) Credit balance
C) No balance
D) Balance from the previous year

Correct Answer:

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