Amount realised from sale of goods is regarded in the statement of Profit & Loss as: (a).

Question:

Amount realised from sale of goods is regarded in the statement of Profit & Loss as: 

(a). Other income.

(b). Revenue from operations.

(c). Any of the above. 

(d). None of the above.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Corporate Accounting

ISBN: 9789353160739

1st Edition

Authors: Anita Raman, P. Radhika

Question Posted: