Within the "revenue and gains" category, the first figure needed to complete a profit and loss statement is the amount of revenue the company generated during the time period in question.

and that the profit-&-loss statement in question uses consistent accounting practices when compared with those of prior years. If an auditor's comparison shows that inconsistent methods were used ...

Our expert team has prepared some concept and sample questions on Profit and Loss topic of Quantitative Aptitude Section. Profit and Loss questions are included in the SSC CGL Exam to check the ...