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It is compulsory to prepare statement of profit and loss and balance sheet in
Accountancy
Company Final Accounts
Question
Updated
19 Aug 2026
It is compulsory to prepare statement of profit and loss and balance sheet in ………………… form as per schedule III of Companies Act, 2013.
A
Choose Your Answer
A
horizontal or T
B
vertical
C
statement of profit and loss is horizontal and balance sheet vertical
D
statement of profit and loss is vertical and balance sheet horizontal
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