Profit and Loss Account doesn't include:

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Is there any specific difference of use of terms Income/expenditure and profit/...
Posted by:
Konain Abbas Khan
12-September-2013

Income

Expenses

Taxes

Deferred Cost

Accounting Cash Flow Forecasting Financial Systems Feasibility Studies Finance

Question added by Zehab Osman , Accountant , Aldar Consultancy Co.
Date Posted: 2015/06/12

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2 Answers

Tranquilino Jr Rivera

by Tranquilino Jr Rivera , General Accountant , Enany Group of Companies

Answer is D. Deferred Costs.

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by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

Last Option is the right answer.

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