Which of these is not available in the Financial Statements of a company? a) Total Sales b) Total - (d) Description: Financial Statements comprise of Trading and Profit & Loss Account and Balance Sheet. Trading accounting discloses total sales, Profit & Loss Account discloses total Profit or Loss and Balance Sheet will disclose capital. Cost of production is not shown by any of these statements, it is shown by cost sheet. - Fundamentals of Accounting Interview Questions and Answers

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Question: Which of these is not available in the Financial Statements of a company?
a) Total Sales
b) Total Profit & Loss
c) Capital
d) Cost of Production

Answer: (d)
Description: Financial Statements comprise of Trading and Profit & Loss Account and Balance Sheet. Trading accounting discloses total sales, Profit & Loss Account discloses total Profit or Loss and Balance Sheet will disclose capital. Cost of production is not shown by any of these statements, it is shown by cost sheet.

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Question: Which of these is not available in the Financial Statements of a company?
a) Total Sales
b) Total Profit & Loss
c) Capital
d) Cost of Production

Answer:

(d)
Description: Financial Statements comprise of Trading and Profit & Loss Account and Balance Sheet. Trading accounting discloses total sales, Profit & Loss Account discloses total Profit or Loss and Balance Sheet will disclose capital. Cost of production is not shown by any of these statements, it is shown by cost sheet. Source: CoolInterview.com

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