Profit and loss statement shows the mean performance of the company in a given accounting period, but shall not exceed 1 year and to measure the performance of a business that has revenues and expenses in the period, how much, and when income less expenses, 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 company, for a period, it might be 3 months or 6 months consist of.Income refers to assets derived from such activities,Cost refers to the cost expenses caused by the sale of goods.Net income refers to income that exceeds the cost of sales.The net loss refers to the portion of income that is lower than the cost of goods sold.Write the equation is as follows:Income-expenses = net income (loss)Cash flow statement refers to statements that represent a change in cash flow; By telling and of cash flows consist of1. cash flow from operations is the cash paid to actual business operations. Without the interest income that has not yet received the funds and expenditures that have not yet paid.2. cash flows from investing activities cash flows actually pay, is caused by a change in the investment business in that part of the land. Buildings, equipment, investments If there are additional investment, such as buying a machine is used to cash. On the other hand If there is a sale of assets to be considered as a source of cash.3. cash flows from financing activities cash flow actually pay, is caused by a change in the sources of funding, both long term and short term loan.
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