Math, asked by tumpashil1988, 7 months ago

what is the definition of profit and loss​

Answers

Answered by puranjireddy
0

Answer:

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.

Answered by devendertyagi2012
0

Answer:

i don't know define but I know formula

Step-by-step explanation:

profit sp - cp

loss cp - sp hope it's helpful

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