Question 31 Not yet answered Marked out of 1.00 Flag question The profit and loss statement is also known as the a. Retained earnings statement O b. Statement of financial position O c. Income statement O d. position statement Question 32 Not yet answered Marked out of 1.00 P Flag question in which of the following transaction, bank account will be debited? a. Cash deposited into bank b. Cash paid to supplier O c. Purchased goods on cash O d. Sold goods on credit