wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

represents revenue, expenses and financial result of a business entity.

A
Balance sheet
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Notes to account
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Statement of P&L
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
Bank Statement
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is C Statement of P&L
Statement of Profit and Loss is a statement that shows the financial performance of a company, i.e. revenue, expenses incurred etc.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Statement of Profit and Loss
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon