profit and loss statement definition
Also referred to as the P & L and the income statement. To learn more, see Explanation of Income Statement.
Also referred to as the P & L and the income statement. To learn more, see Explanation of Income Statement.
Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com. Read more about the author.