An income statement or profit and loss account is one of the financial statements of a company and shows the company’s revenues and expenses during a particular period. It indicates how the revenues are transformed into the net income or net profit.

Format of PROFIT and LOSS account

by Abdul Ahad

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1 Attachment 4 years ago

In this PDF there is detailed concepts and problems related to quantitative aptitude regarding profit and loss.You will be able to learn how to use in problems.

Format of PROFIT and LOSS account +1 more

by Kilari Harshitha Naidu

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1 Attachment 4 years ago

Journal Account sheet is basic for separate the profit and loss gain by company in computerized work it can easily done through various processes

journal Material +6 more

by Aman Tripathi

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1 Attachment 3 years ago

Trail balance is that balance sheet should be match from both side credit as well as debit both side because not correct some mite be mistake

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by Aman Tripathi

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1 Attachment 3 years ago