Question

profit and loss information​

Answer 1

An income statement or profit and loss account is one of the financial statements of a company and shows the company’s revenues and expenses during a particular period. It indicates how the revenues are transformed into the net income or net profit

please mark it as brainlist

Answer 2

Profit means gain.. a financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something.

Loss the fact that you no longer have something or have less of something..

HOPE IT WILL HELP YOU... AND FOLLOW ME