What is the purpose of other income and expense... - SS1 Accounting Identification of Profit And Loss Account Items Question
What is the purpose of other income and expenses in a profit and loss account?
A
To show the direct costs of producing a company's products or services.
B
To show the non-operating items that affect a company's profit or loss.
C
To show the difference between the revenue and the expenses.
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Correct Option: B
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