أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.
According to the IFRS, it is no longer tradin profit and loss, but
STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME.
this is for situations were both the Profit or Loss and the Other Comprehensive accounts are presented together...
It is also called the income statement account
it is also called the statement of comprehensive income ( income statement)
Profit & Loss account refer to Income Statement
