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Web profit & loss account. All income and expenses are added together to gather the net income, which reports as retained earnings. Web a profit and loss (p&l) statement summarizes the revenues, costs and expenses incurred during a specific period of time. A balance sheet is a precise representation of the assets,. Web profit and loss statement vs balance sheet,.
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Web a profit and loss (p&l) statement summarizes the revenues, costs and expenses incurred during a specific period of time. A balance sheet is a precise representation of the assets,. Web profit and loss statement vs balance sheet, what you need to know. All income and expenses are added together to gather the net income, which reports as retained earnings..
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