Accounting for IGCSE & O level - Final Statements (Section 11 - No. 11) | ExamPlay

Accounting for IGCSE & O level - Final Statements (Section 11 - No. 11)

What is the first part of the income statement known as?

Profit and Loss Account

Trading Account

Expense Account

Revenue Account

Explanation

The first section of the income statement is called the trading account.

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