As per Schedule III, the Statement of Profit and Loss is prepared in this order: Revenue from Operations (B), Other Income (C), Total Revenue (A = B+C), Expenses (D), Profit Before Tax (E = A-D). Thus the correct sequence is (B), (C), (A), (D), (E).
Arrange the following items of statement of profit and Loss in a sequence. (A) Total Revenue (B) Revenue from Operations (C) Other Income (D)…
CUET UG 2023 — Accountancy Financial Statements
2023mcqmedium
Arrange the following items of statement of profit and Loss in a sequence.
(A) Total Revenue
(B) Revenue from Operations
(C) Other Income
(D) Expenses
(E) Profit Before Tax
Choose the correct answer from the options given below :
Official previous-year question
Held on 11 Jun 2023 · Verified 13 Jul 2026.
Options
- A
(A), (B), (C), (D), (E)
- B
(A), (B), (D), (E), (C)
- C
(B), (C), (A), (E), (D)
- D
(B), (C), (A), (D), (E)
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