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Why expenses and Losses Dr and Income and profit cr in Profit and Loss account shown

This query is : Resolved 
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(Querist)
02 February 2025 Expenses or Losses -Dr side
Profits and Gains-Cr side in profit and Loss accounts shown.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
03 February 2025 It's as per golden rules of accounting.

Debit all expenses and losses, credit all incomes and gains:
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