What is the difference between P&L account and Trial Balance?

shubham

• Nov 7th, 2019

Your answer is best and perfect and they have one point is profit and loss is the part of trial balance like expenditure, income these are the point to my point of view otherwise your answe is excellent

Acharya

• Jan 17th, 2018

P & L is the part of Trial Balance, In trial balance we can see all the ledger account, Income, expenditure, gain, loss, assets and Liabilities, from these other than assets and liabilities all other items pull into PL

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