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nibin pn


{ City } trichur
< Country > india
* Profession * accountant
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Question { Genpact, 35793 }

What are the difference between P/l a/c and income and
expenditure


Answer

income and expenditure account is created by non profit
making organizations (NPO) and P&L account is created by
business like trading and manufacturing etc..

Is This Answer Correct ?    68 Yes 7 No