Download free Excel template : Profit And Loss Statement Service Business V13
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About Profit And Loss Statement Service Business V13 Excel Template
A Profit and Loss Statement, or "P&L," is an overview of a company's revenue and expenses. It's a snapshot of a business's financial health during a specific period of time, usually quarterly or annually. The P&L statement is one of the most important financial reports for a business because it shows whether a company is profitable or not. The P&L statement is also known as the income statement or statement of operations. It's one of the three main financial statements that companies use to assess their financial performance, along with the balance sheet and cash flow statement. A P&L statement can be prepared for any time period, but most businesses prepare them on a quarterly or annual basis. The statement
