A

Admin • 802.91K Points
Coach

Q. Which of the following is not shown in the Profit & Loss Account?

  • (A) Sales
  • (B) Salaries
  • (C) Creditors
  • (D) Interest Received
  • Correct Answer - Option(C)
  • Views: 2
  • Filed under category Accounting
  • Hashtags:
Explanation by: Admin
Creditors are a liability and shown in the Balance Sheet, not in the P&L Account.

You must be Logged in to update hint/solution

Discusssion

Login to discuss.

Be the first to start discuss.