Income tax of the sole trade paid is shown / » Fundamentals of Accounting solved MCQs / By admin Question: Income tax of the sole trade paid is shown A. Debited to P & L Account B. Debited to Trading Account C. Debited to his Capital Account D. None of the above Answer» c. Debited to his Capital Account Note: The above multiple-choice question is for all general and Competitive Exams in India.
