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Balance Sheet and P&L are linked together by:

1. Net Loss

 

2. Assets

 

3. Liabilities

 

4. Expenses

 

 

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Question added by Zehab Osman , Accountant , Aldar Consultancy Co.
Date Posted: 2015/06/14
Wasim khan wazir
by Wasim khan wazir , Finance Specialist , Mott Macdonald

Net loss ,,,,,,,.................

Rakan Alhumedy
by Rakan Alhumedy , VP- Syndication Officer , The Saudi National Bank - SNB

They are linked together by the net loss, as the net loss will be needed to calculate the owners equity in the balance sheet.

 

Tranquilino Jr Rivera
by Tranquilino Jr Rivera , General Accountant , Enany Group of Companies

Answer is Option1. Net Loss links the Balance Sheet and P&L..

Deleted user
by Deleted user

Net Loss.................................

 

Abdullah Ba-khiadher
by Abdullah Ba-khiadher , chief accountant , Wesam Business Co ,LTD

Answer :1 :  Net loss ........

Shahbaz Hayder
by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

Option1 is the right answer.

Bilal Bilal Ashraf
by Bilal Bilal Ashraf , Assistant Accountant and Office Admin , Hamdaani Food Company

option1 net loss is right answer

CMA Sameer Parkar
by CMA Sameer Parkar , Practising Cost Accountant , S.D.Parkar & Co

Net Loss/Net Profit ( as it is transfer from Profit and Loss Account to Balance Sheet)

Ahmed kandil
by Ahmed kandil , Cost Controller , Battour Holding Cpompany

Net loss is the correct answer Thank you

lakshminarasimham mallareddi
by lakshminarasimham mallareddi , Manager Finance & Accounts , M/s. Vandana Global Limited, Raipur, Chhattisgarh

Answer is1. Net Loss. Balance Sheet & P&L are linked by

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