A Profit and Loss (P & L) or income statement measures a company's sales and expenses over a specified period of time. Its function is to total revenue and subtract expenses. Use this guide to create a profit and loss statement for your business.

Publisher(s):	Edward Lowe Foundation	Keyword(s):	Financials , Income Statements , Profit & Loss Statement (P&L Statement)
Author(s):	E. Bond	Category:	Financial Management
Content Provider:	Lowe Foundation	Subcategory:	Financial Statements
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