Accountancy, asked by ItzImperceptible, 3 months ago

⭐Write down the format for

Statement of profit and loss



My humble request no Irrelevant Answers ​

Answers

Answered by Vaishnavi2107
18

Answer:

How to write a profit and loss statement

How to write a profit and loss statementStep 1: Calculate revenue. ...

How to write a profit and loss statementStep 1: Calculate revenue. ... Step 2: Calculate cost of goods sold. ...

How to write a profit and loss statementStep 1: Calculate revenue. ... Step 2: Calculate cost of goods sold. ... Step 3: Subtract cost of goods sold from revenue to determine gross profit. ...

How to write a profit and loss statementStep 1: Calculate revenue. ... Step 2: Calculate cost of goods sold. ... Step 3: Subtract cost of goods sold from revenue to determine gross profit. ... Step 4: Calculate operating expenses. ...

How to write a profit and loss statementStep 1: Calculate revenue. ... Step 2: Calculate cost of goods sold. ... Step 3: Subtract cost of goods sold from revenue to determine gross profit. ... Step 4: Calculate operating expenses. ... Step 5: Subtract operating expenses from gross profit to obtain operating profit.

Similar questions