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    Profit and Loss Statement (P&L) - Corporate Finance …

    • A company’s statement of profit and loss is portrayed over a period of time, typically a month, quarter, or fiscal year. The main categories that can be found on the P&L include: 1. Revenue (or Sales) 2. CoSee more

    Example Profit and Loss Statement

    Below is an example of Amazon’s 2015-2017 P&L statement, which they call the Consolidated Statement of Operations. To learn how to analyze these financial statements… See more

    Corporate Finance Institute
    Income Accounts vs Expenditure Accounts

    There are two main categories of accounts for accountants to use when preparing a profit and loss statement. The table below summarizes these two accounts: income and expen… See more

    Corporate Finance Institute
    Impact of Accounting Principles on The P&L Statement

    It might not seem obvious by looking at a profit and loss statement, but the final figure at the bottom (i.e., the total profit or the total loss) may be very different from the actual amount of c… See more

    Corporate Finance Institute
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