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+--- Thread: Task to prepare profit and loss account. Denbentur (/showthread.php?tid=9409)
Task to prepare profit and loss account. Denbentur - Rectify - 01-23-2011
I am tasked to prepared a profit and loss acount.But had no idea where to put my Denbentures at.
Question
Denbenture interest $5000
10% Denbenture $100,000
Denbenture interest was outstanding for the second half of the year.
What should i included in my Less Operating expenses Section.??
Thanks in advance for anyone who help