Which of the following item is not treated in the profit and loss account?
a
office expenses
b
salaries and allowances
c
carriage inwards
d
discounts allowed
Explanation
Correct Option
bVideo Explanation
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Morenikeji40
6 years ago
is salaries nd wages not d same thing as salaries and allowance
it is always recorded in profit nd loss cuz is an expenses.
For me d ans is C
