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Which of the following date lines is correct for a profit and loss account?

Accounts - Principles of Accounts
WAEC 2011
Which of the following date lines is correct for a profit and loss account?
  • A. for the year ended 31st December 2009
  • B. as 31st December 2009
  • C. for the period 31st December 2009
  • D. as at the year 2009
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Correct Answer: Option A
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts