Profit and loss statement, refer to the statement which shows the performance of acts in a given accounting period, but must not exceed one year, in order to measure the performance of a business that has revenues and expenses in the period, how much, and when proceedings expenses and allowances will be the net income (Net Income or Net Profit) or net loss (Net Loss)The income statement is a financial statement that shows the performance of the business for a period of time, it could be three months or six months, consisting of.Gross income means assets derived from the Assembly activity.Expense means any expense the cost value that originates from a sale item.Net income refers to the portion of income that exceeds the cost of sales.Net loss refers to a section of the lower cost of sales revenue.Write the equation is as follows:Income-expenses = net profit (loss)The cash flow statement means the statement represented a change in the cash flow of the business. By the State and that of cash flow.
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