What does profit-and-loss statement mean?
Definitions for profit-and-loss statement
profit-and-loss state·ment
This dictionary definitions page includes all the possible meanings, example usage and translations of the word profit-and-loss statement.
Princeton's WordNet
income statement, earnings report, operating statement, profit-and-loss statementnoun
a financial statement that gives operating results for a specific period
ChatGPT
profit-and-loss statement
A profit-and-loss statement, also known as an income statement, is a financial document that summarizes the revenues, costs, and expenses incurred during a specific period of time, typically a fiscal quarter or year. It shows a company's net profit or loss by subtracting expenses from revenue, providing a clear picture of a company's financial health and performance. It is one of the three main financial statements used by businesses, alongside the balance sheet and cash flow statement.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of profit-and-loss statement in Chaldean Numerology is: 1
Pythagorean Numerology
The numerical value of profit-and-loss statement in Pythagorean Numerology is: 6
Translations for profit-and-loss statement
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"profit-and-loss statement." Definitions.net. STANDS4 LLC, 2024. Web. 15 Jun 2024. <https://www.definitions.net/definition/profit-and-loss+statement>.
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