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June 2008 Dfs Answers!!

sharonsharon Well-KnownRegistered Posts: 161
I am very confused!!:confused1:
Visha has kindly done suggested answers for DFS! But On task 1.2 was the heading a Profit and loss or Income statement!!??

Sorry having a very dumb moment!!!


  • sharonsharon Well-Known Registered Posts: 161
    Cheers! Got a little confused!
    But i'm ok now!
  • peugeotpeugeot Experienced Mentor Registered Posts: 624
    Under the IFRS regime, the profit and loss account is always referred to as the Income Statement (soon to be Statement of Comprehensive Income).

    Kind regards
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