****** way Question 31 Not yet answered Marked out of 1.00 p Flag question The profit and loss statement is also known as the O 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? O a. Cash deposited into bank O b. Cash paid to supplier O c. Purchased goods on cash O d. Sold goods on credit ****** way Question 31 Not yet answered Marked out of 1.00 p Flag question The profit and loss statement is also known as the O 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? O a. Cash deposited into bank O b. Cash paid to supplier O c. Purchased goods on cash O d. Sold goods on credit