is the part of the trading account.

Closing stock

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Net profit

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Salary

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Depreciation

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Solution

The correct option is A Closing stock
Closing Sock is the part of trading account and net profit, salary and depreciation are parts of the profit and loss account.

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Similar questions

Which of the following are part of trading account?

If 'adjusted purchases' and 'closing stock' are given in the trial balance, will you transfer 'closing stock' to trading account? Give reason.

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