Business Studies, asked by nimmaladinesh3386, 10 months ago

Sales expenses show in which side of profit and loss

Answers

Answered by Anonymous
3

\huge\underline{\underline{\mathfrak \red{Answer}}}

❏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 .

____________________________

hope \: it \: would \: be \: helpful

Similar questions