Financial Accounting MCQ: On Amalgamation, Profit & Loss A/c (Dr.) balance of the vendor company is closed by___________ | Extra Education

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On Amalgamation, Profit & Loss A/c (Dr.) balance of the vendor company is closed by___________

Correct Answer: debit to equity shareholders a/c

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Financial Accounting MCQ: On Amalgamation, Profit & Loss A/c (Dr.) balance of the vendor company is closed by___________ | Extra Education