Why are adjustments in the profit and loss account necessary?

a

To cover some expenses of the following year

b

To ascertain the actual expenses incurred and income earned during the year

c

To show the provision made during the year

d

To show the total expenses paid and income received during the year

Download Offline App Ask a Question

Explanation

Correct Option
b

No explanation available

Video Explanation

No video available

Post your Contribution

Share:

Discussions (0)

No comments yet

Be the first to comment

Quick Questions

Ask a Question
CO

ceoofwahala

20th June, 2026

Chemistry


2 comments

ASSAAS

20th June, 2026

English Language


5 comments

infinitehoaxx

21st May, 2026

Computer


4 comments