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.
correct option: b
Please share this, thanks:
Add your answer
No responses