June 2008 Dfs Answers!!

sharonsharon Well-KnownPosts: 161Registered
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 Posts: 161Registered
    Cheers! Got a little confused!
    But i'm ok now!
  • peugeotpeugeot Experienced Mentor Posts: 624Registered
    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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