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The profit and loss account shows: (a) Financial position of the concern (b) ***** profit

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asked Feb 25, 2019 in Class 12 by kratos

The profit and loss account shows:

(a) Financial position of the concern

(b) ***** profit

(c) Net profit

(d) Net profit and financial position

accounting for partnership
cbse
accounts of not for profit concerns
basic concepts
class-12

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1 Answer

+1 vote

answered Oct 29, 2020 by kratos

Best answer

The profit and loss account shows are Net profit.

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