Question
Accountancy Question on Income and Expenditure Account
Arrange the following in the context of Statement of Profit and Loss.
A. Other income
B. Expenses
C. Total Revenue
D. Revenue from operation
E. Profit before tax and extra-ordinary item
Choose the correct answer from the options given below:
A
A, D, C, B, E
B
D, A, C, B, E
C
C, B, E, D, A
D
D, A, E, B, C
Answer
D, A, C, B, E
Explanation
Solution
The correct option is (B): D, A, C, B, E