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Arrange the following items of statement of profit and Loss in a sequence.

(A) Total Revenue

(B) Revenue from Operations

(C) Other Income

(D) Expenses

(E) Profit Before Tax

Choose the correct answer from the options given below :

Solution

✅ Correct Option: 4

As per Schedule III, the Statement of Profit and Loss is prepared in this order: Revenue from Operations (B), Other Income (C), Total Revenue (A = B+C), Expenses (D), Profit Before Tax (E = A-D). Thus the correct sequence is (B), (C), (A), (D), (E).

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