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50 What is Profit and Loss

profit and loss statement p&l definition investopedia the profit and loss statement is a financial statement that summarizes the revenues costs and expenses incurred during a specified period in e statement in e statement an in e statement or profit and loss account also referred to as a profit and loss statement p&l statement of profit or loss revenue statement statement of financial performance earnings statement operating statement or statement of operations is one of the financial statements what is the profit and loss statement the profit and loss statement or p&l is a name that is often used for what today is the in e statement statement of in e statement of operations or statement of earnings in other words the profit and loss statement reports a pany s revenues expenses and most of the gains profit & loss statement or balance sheet investopedia a profit and loss statement often referred to as the in e statement is a financial statement that summarizes the revenues costs and expenses incurred during a specific period of time usually a fiscal quarter or year profit and loss profit and loss see more synonyms for profit and loss on thesaurus noun the gain and loss arising from mercial or other transactions applied especially to an account or statement of account in bookkeeping showing gains and losses in business
difference between trading and profit loss account
Difference Between Trading Account and Profit & Loss from what is profit and loss , image source: keydifferences.com

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