单词 | profit and loss statement |
释义 | profit and loss statement in Accounting (prɒfɪt ənd lɔs steɪtmənt) or P&L Word forms: (regular plural) profit and loss statements noun (Accounting: Financial statements, Income statement) statementA profit and loss statement is a statement that is compiled at the end of a financial year showing that year's revenue and expense items and indicating gross and net profit or loss. The profit and loss statement is a summary of the business income after expenses are paid. A cash budget is solely concerned with the timing of cash receipts and payments duringa period, whereas a profit and loss statement is concerned with the revenue and expenses which accrue during a period. A profit and loss statement is a statement that is compiled at the end of a financial year showing that year'srevenue and expense items and indicating gross and net profit or loss. |
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