OMTEX CLASSES: To which account is gross profit transferred?

OMTEX CLASSES

- 12th Std.
- 11th Std.
- 10th Std
- 9th Std.
- 8th Std.
- 7th Std.
- 6th Std.
- 3rd Std.
- 2nd Std.
- 1st Std.
- TNPSC
- Cinema

OMTEX AD 2

To which account is gross profit transferred?

Ans. Gross profit is transferred to Profit and Loss account.

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OMTEX CLASSES AD