Question

Q14. Name type of accounting information which shows:
a. Gross Profit or Gross Loss
b. Surplus or Deficit in the case of Not-For Profit Organisation
c. Net Profit or Net Loss​

Answer 1

Answer:

Google now ok I'm not sure to give you the answer

Answer 2

Answer:

gross profit and gross loss belongs to Trading a/c

surplus or deficit belongs to income and expenditures a/c

net profit or net loss belongs to profit and loss A/c