The is not associated with the statement of profit and loss.

net profit

No worries! We‘ve got your back. Try BYJU‘S free classes today!

fixed asset

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

other income

No worries! We‘ve got your back. Try BYJU‘S free classes today!

tax expense

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is B fixed asset
In the given options, only fixed asset is not associated with the statement of profit and loss.

Suggest Corrections

Similar questions

Which of the following names is not associated with the Statement of Profit and Loss?

Depreciation expense is reported for a not-for-profit organization's equipment and furniture.

Depreciation is a non-cash expense which should not be provided for in the profit and loss account. Comment.

Join BYJU'S Learning Program