12th Class Accountancy Financial Statement Of Company Question Bank MCQs - Financial Statements of a Company

  • question_answer
    Interest earned on bank deposits by a company engaged in manufacturing electronic appliances is shown in the statement of profit and loss as:

    A) Revenue from operations

    B) Other Incomes

    C) Both [a] and [b]

    D) None of these

    Correct Answer: B

    Solution :

    [b] Other Incomes


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