Did you like how we did? Rate your experience!



46 votes

What is a projected profit and loss statement?

Profit and Loss Statement (also known as the income statement) reports the revenues and expenses of the firm over a period of time. The income statement is also referred to as the statement of P&L, statement of earnings or statement of operations. The income statement equation is as follows: Revenues expenses = Net income To know more about Stock Market please login through the given link below -