Business Studies, asked by nimmaladinesh3386, 11 months ago

Sales expenses show in which side of profit and loss

Answers

Answered by Anonymous
3

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❏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

Answered by Anonymous
0

♡.. 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 .

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