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What is a profit and loss statement?


  What is a profit and loss statement?  One thing for anyone who deals with accounting must know is the profit and loss statement, but for the general public, if they see the word The profit and loss statement would probably be quite confusing as to what exactly it is. As follows, let's get to know each other in this article.  What is a profit and loss statement? Income Statement or Income Statement is what is used to refer to transactions. Or a statement used to tell the operation during a certain period of the business. Depending on how long the business will be, such as 6 months or 1 year, the income statement will be able to tell whether the business has profit or loss by comparing the amount of income and expenses.  What does the income statement contain? 1. Income is the result of selling products or services of that business derived from the calculation of the exact amount and also includes income derived from investments, bartering of goods, loan interest as well.  The income can be divided into 2 types as follows. - Direct income = comes from the direct operation of the business, such as the sale of goods or services. - Other income = the part other than direct income  2. Expenses It is the cost of goods/services that the business pays to generate income.  3. Net Profit/Net Loss is to look between expenses and income More income than expenses = net profit More expenses than income = net loss  ------------------------------------------------------------------------------------- Interested in online marketing care services | online marketing | complete graphics | can contact us anytime | brand building | online marketing | online marketing plan | brand building | Facebook fan page care | Take care of LINE OA. You can contact us 24 hours a day.   Details of online marketing services >> https://www.chatstickmarket.com/langran Examples of various brands that we take care of online marketing >>https://www.chatstickmarket.com/portfolio ---------------------------------------------------------------------------------------  💙 Consult our team 💙 📱Tel : 0840104252 📱0947805680 Office Hotline : 034-900-165 , 02-297-0811 (Monday-Friday) 📨 Inbox : http://m.me/ChatStick.TH ┏━━━━━━━━━┓ 📲 LINE: @chatstick ┗━━━━━━━━━┛ or click https://goo.gl/KuzCpM 🎉 details at http://www.chatstickmarket.com/langran 🎉 See our work at https://www.chatstickmarket.com/portfolio

What is a profit and loss statement?


One thing for anyone who deals with accounting must know is the profit and loss statement, but for the general public, if they see the word The profit and loss statement would probably be quite confusing as to what exactly it is. As follows, let's get to know each other in this article.


What is a profit and loss statement?

Income Statement or Income Statement is what is used to refer to transactions. Or a statement used to tell the operation during a certain period of the business. Depending on how long the business will be, such as 6 months or 1 year, the income statement will be able to tell whether the business has profit or loss by comparing the amount of income and expenses.


What does the income statement contain?

1. Income

is the result of selling products or services of that business derived from the calculation of the exact amount and also includes income derived from investments, bartering of goods, loan interest as well.


The income can be divided into 2 types as follows.

- Direct income = comes from the direct operation of the business, such as the sale of goods or services.

- Other income = the part other than direct income


2. Expenses

It is the cost of goods/services that the business pays to generate income.


3. Net Profit/Net Loss

is to look between expenses and income

More income than expenses = net profit

More expenses than income = net loss


-------------------------------------------------------------------------------------

Interested in online marketing care services | online marketing | complete graphics | can contact us anytime | brand building | online marketing | online marketing plan | brand building | Facebook fan page care | Take care of LINE OA. You can contact us 24 hours a day.

Details of online marketing services

Examples of various brands that we take care of online marketing

---------------------------------------------------------------------------------------


💙 Consult our team 💙

📱Tel : 0840104252 📱0947805680

Office Hotline : 034-900-165 , 02-297-0811 (Monday-Friday)

┏━━━━━━━━━┓

📲 LINE: @chatstick

┗━━━━━━━━━┛

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