what is Penal account
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Answer / yedukonddalu
hi i think you are asking about P&L account it is nothing
but profit and loss account
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Answer / ravi
actually this is final accounts .i guess there is spelling
mistake......final accounts prepared at the end of financial
year to know the firm performance......
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / barodianbuddy(acca)
I THINK YOU ARE ASKING ABOUT PROFIT & LOSS ACCOUNT. IT IS A STATEMENT OF PROFIT OR LOSS & OTHER COMPREHENSIVE INCOME (IAS1). SUMMARY OF PROFIT & LOSS OF A BUSINESS AT END OF THE YEAR
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Answer / divyagirantla1995@gmail.com
Profit and loss account is a financial statement it consiste the income and expenditure it is nominal accounting nature it is used to financial perfomance if the company
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