Accountancy, asked by aulakh3600, 9 months ago

profit and loss account is prepared for a period of one year by the following
a) cost concept
b) business entity concept
c)Accounting period concept
d) None of the above

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Answered by nds3eng

Answer:

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Answered by student7593

Answer:

Accounting period concept

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profit and loss account is prepared for a period of one year by the followinga) cost conceptb) business entity conceptc)Accounting period conceptd) None of the above​

Answers

profit and loss account is prepared for a period of one year by the following
a) cost concept
b) business entity concept
c)Accounting period concept
d) None of the above