Which option is true for viewing Profit & Loss A/C in Gateway of Tally A. Gateway of Tally > Reports > Profit & Loss A/C B. Gateway of Tally > Display > Profit & Loss A/C C. Gateway of Tally > Account Books > Profit & Loss A/C D. None of these

The correct answer is A. Gateway of Tally > Reports > Profit & Loss A/C.

To view the Profit & Loss Account in Tally, you can follow these steps:

1. Go to the Gateway of Tally.
2. Select Reports.
3. Select Profit & Loss A/C.

The Profit & Loss Account will be displayed on the screen.

Option B, Gateway of Tally > Display > Profit & Loss A/C, is incorrect because the Display option is used to view the current data of a company. The Profit & Loss Account is a financial statement that shows the income and expenses of a company for a specific period of time. It is not a current data.

Option C, Gateway of Tally > Account Books > Profit & Loss A/C, is incorrect because the Account Books option is used to view the ledger accounts of a company. The Profit & Loss Account is not a ledger account. It is a financial statement.

Option D, None of these, is incorrect because option A is the correct answer.