Question

The loss incurred on an incomplete contract is transferred to …………….account.

A Costing profit and loss account
B profit and loss account
C trading account
D deferred to next year
E None of the above
Practice Next

Relevant for Exams:

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)