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profit and loss account

This is the net profit for a company once expenses have been taken out.

Related information about profit and loss account:
  1. Income statement - Wikipedia, the free encyclopedia
    Income statement (also referred to as profit and loss statement (P&L), revenue statement, statement of financial performance, earnings statement, operating ...
     
  2. Profit and Loss Account
    Oct 24, 2012 ... A profit and loss account starts with the TRADING ACCOUNT and then takes into account all the other expenses associated with the business.
     
  3. Accounting and Finance - Profit and Loss Account
    Profit and Loss Account.
     
  4. Profit and loss accounts and balance sheet Accounts business ...
    The profit and loss account, and 2. The balance sheet. 1.The profit and loss (P&L) account. This account can be updated regularly and shows how much profit or ...
     
  5. Biz/ed - Profit and Loss Account - Notes - Business Accounts ...
    Dec 31, 1998 ... Profit and Loss Account - Notes - Business Accounts - Accounting and Finance - Business Studies. Looks at the construction of the profit and ...
     
  6. profit and loss account - The Free Dictionary
    Noun, 1. profit and loss account - an account compiled at the end of an accounting period to show gross and net profit or loss. profit and loss · account statement ...
     
  7. BBC - GCSE Bitesize: Trading, profit and loss account
    Most firms draw up cash flow statements, profit and loss accounts and a balance sheet. In this Revision Bite you learn about the types of financial records kept by ...
     
  8. Profit and Loss Account - FreeAgent
    A "profit and loss account" is simply an accounting term for the story of your business's trading during a given period of time. It shows your business's income ...