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Profit and loss account essaysthe profit and loss account does exactly what it suggests it shows the profit or loss that a business has made over a period of time. Profit and loss acount and balance sheet in this report i am going to interpret key element of profit and loss account and balance sheet by explaining the. Writework is the biggest source online where you can find thousands of free school & college essays, research & term papers, book reports in over 190 categories. The profit and loss account is a financial statement which summarizes a company's revenue and expenditure for a specific period of time, usually prepared annually or.
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