The correct answer is C. Profit & Loss statements.
A Profit & Loss statement is a financial statement that reports a company’s revenues and expenses for a specific period of time, usually a quarter or a year. It is also known as an income statement or a statement of financial performance.
A Trading account is a statement of the purchases and sales of goods made by a business during a specific period of time. It is also known as a statement of trading results or a statement of gross profit.
A Trial Balance is a list of all the accounts in a company’s ledger and their balances at a particular point in time. It is used to check the accuracy of the double-entry bookkeeping system.
A Balance Sheet is a financial statement that reports a company’s assets, liabilities, and equity at a particular point in time. It is also known as a statement of financial position.