As per Companies Act, 2013, the prescribed form for Statement of Profit and Loss is given in :

CS Executive · Corporate and Management Accounting · PYQS · June 2022
As per Companies Act, 2013, the prescribed form for Statement of Profit and Loss is given in :
(A) Part I of Schedule II
(B) Part I of Schedule III
(C) Part II of Schedule III
(D) Part I of Schedule V

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Corporate Accounting

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