Concept:The profit and loss account records all indirect expenses and revenue items of a business to determine the net profit or net loss.
Explanation:Creditors are liabilities and debtors are assets.
Cash-in-hand is also an asset.
All these appear in the balance sheet, not in the profit and loss account.
General expenses are indirect operating costs of the business.
They are recorded on the debit side of the profit and loss account.
Therefore, general expenses is the correct item among the given options.
Answer:Option D: General expenses.