Question

what is financial statement ?

(a) Trading Account
(b) profit & loss Account
(c) capital account
(d) balance sheet​

Answer 1

(b) profit & loss Account.

Hope it helps u !! :)

Answer 2

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• Financial statements are formal records of the financial activities and position of a business, person, or other entity. Relevant financial information is presented in a structured manner and in a form which is easy to understand.