Profit And Loss (P&L) Statement
| A Profit and Loss (P&L) Statement is a type of financial statement that shows how the company has performed financially during a specific time period. The P&L statement is one of the most important financial statements for a business because it shows whether the company is making a profit or a loss. The P&L statement can also be used to compare the financial performance of the company to other companies in the same industry. |
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