Elance Exams Answers PDF file

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Download PDF file of elance Zoho Creator Exam Answers

Can the Profit & Loss report be found in the Chart of Accounts?

Yes, it shows under a liability if its a loss and an asset if its a profit.
No, the Profit & Loss report can be found under Reports. It's not an account that affects the Balance Sheet, so it will NEVER show on the Chart of Accounts.
Yes, the Profit & Loss report is listed under Capital/Equity account.
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