Question

anyone can give whole explanation on profit and loss?​

Answer 1

Answer:

mark me the brainest

Step-by-step explanation:

The profit and loss (P&L) statement is a financial statement that summarizes the revenues, costs, and expenses incurred during a specified period, usually a fiscal quarter or year. ... These records provide information about a company's ability or inability to generate profit by increasing revenue, reducing costs, or both.

Answer 2

Answer:

profit mhanje aapala fayada aani loss mhanaje nukasan

Step-by-step explanation:

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