Which items affect the profit for the year in a UK business

date:2026-04-05 17:06:57 author:admin browse: time View comments Add Collection

Which items affect the profit for the year in a UK business

Which items affect the profit for the year in a UK business?

A. Sales revenue

B. Staff wages

C. Utility bills

D. Owner’s drawings

Answer: ABC

Explanation: Revenue and expenses directly impact profit. Owner’s drawings are a reduction of equity and do not affect the calculation of business profit.