64982
| Pregunta | Respuesta |
| Financial statements | - analysis of business transactions - interrelated |
| Profit and loss account | - a financial statement - record income and expenses of business over the period of time - normally one year - income less expenses equals net income - income eg. sales of goods, bank interests earned - expenses e.g. salaries, repairs, electricity, telephone By contrast, expenses are greater than income, loss will occurred. |
¿Quieres crear tus propias Fichas gratiscon GoConqr? Más información.