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Daily Archives: February 11, 2022

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Profit and Loss

What is a Profit and Loss Report?

BookkeepingBy CA Mohnish KatreFebruary 11, 2022Leave a comment

Businesses operate to make profits while minimizing expenditure. To do so, companies need to document their expenses and income. A company can do this in various ways. One of the most effective ways that one can resort to doing so is by creating a financial statement. A financial statement provides information that can help assess…

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