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Which account effect net profit sales , AR , AP ?

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Question added by Deleted user
Date Posted: 2016/05/18
Shameer Nazir Madari
by Shameer Nazir Madari , Assistant Finance Manager , METAL AND RECYCLING COMPANY K.S.C. (PUBLIC)

Sales is the Revenue account and it will effect the Profit and Loss account.

 

AR & AP is Balance Sheet item so it will not effect Profit and Loss account

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