Here’s a look at what a P&L statement is ... additional deductions like interest, taxes, depreciation and amortization. If your net income is positive, you’ve earned a profit. If it’s negative, your ...

Shutterstock A company’s statement of income is often called its profit and loss (P&L) statement. It lists revenues, expenses, and net profit for the period covered. There are typically ...

Anciens Huang / Getty Images The balance sheet and the profit and loss (P&L ... company's management uses its resources. Just like the other financial statements, the balance sheet is used ...

audited 935 times, at an average hourly rate of $149. Can you make your own profit and loss statement? After entering your sales and expenses into QuickBooks, Peachtree or the like, the software will ...