Sales expenses show in which side of profit and loss
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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
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♡.. 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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