Which of the Following Items Will Be Recorded in a Profit and Loss Account?

Wages and Salaries

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Salaries and Wages

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Opening Stock

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Sales

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Solution

The correct option is A
Wages and Salaries

Answer:
Salaries and Wages.
Salaries and wages are indirect expenses and will be recorded in the profit and loss account.
Also read:
Trading and Profit and Loss Account
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