Also referred to as the P & L and the income statement. To learn more, see Explanation of Income Statement. To Top
a financial statement that shows a business's operating results for a period of time; also called an income statement
Financial operating statement showing profit or loss for a designated period.
A statement of revenue and expenses showing the profit or loss for a certain period.
This is one of the reports that your accounting system will generate to give you a picture of how your company is faring. A P&L statement will look at a period of time such as a month, a quarter, or a year. You can compare with other periods of time to make decisions. (Download a Sample Profit and Loss Statement, and visit our Tools Library for more samples.)
This statement is also known as an income statement and it shows your business revenue and expenses for a specific period of time. The difference between the total revenue and the total expense is your business net income. A key element of this statement, and one that distinguishes it from a balance sheet, is that the amounts shown on the statement represent transactions over a period of time while the items represented on the balance sheet show information as of a specific date (or point in time).
A statement showing the income and loss of a business over a stated time, the difference being the profit or loss for the period.
A financial statement showing income and expenses for a business for an accounting period, and the profit or loss resulting from the related activity.
A financial summary of a company's revenues, expenses and profit (or loss) for a particular period of time., Also called an "income statement."
A financial statement provided by the applicant which reports the income and expenses for a business during a certain time period. The statement would be required of self-employed applicants.
A Profit and Loss Statement is a standard financial document that summarizes a company's revenue and expenses for a specific period of time, usually one quarter of a fiscal year and the entire fiscal year.
A financial statement that shows a historical record of a business' income and expenses.
A statement documenting business revenues and expenses for a specified time period to establish whether a business gained a profit or suffered a loss.
A financial statement of gains and losses for a specific time period.
A detailed statement of income and expenses of a business that reveals the operating position of the business over a period of time. Commonly referred to a P&L.
The income statement of a company, detailing revenues minus total costs to give total profit.
Financial statement showing sales, expenses and profits over a period of time.
Part of the financial statement that shows sales, expenses and profits for a specific period of time. Also known as Income Statement ..
The balance statement and the profit and loss statement usually reflect a company’s financial condition. Because profits and losses relate to revenue inflows from business operations, a profit and loss statement is an income statement.
Also called an income statement or "P&L." It lists your income, expenses, and net profit (or loss). The net profit (or loss) is equal to your income minus your expenses.
Also known as an Income Statement, or P & L. This statement shows your revenues and expenses for a specific period of time.
The financial operating statement that presents increases (revenues and other financing sources) and decreases (expenditures and other financing uses) in the entity's net current assets.
Same as an income statement.
A document reporting all expenses (costs) and income items (revenues) of a company during a given period (usually a calendar year), showing its overall profit and loss, how much has been paid out in dividends and how much has been retained. It complements the company’s balance sheet, which reports the company’s assets and liabilities. Français: Compte de pertes et profits Español: Estado de pérdidas y ganancias
Financial operations during a given period of time, showing income and its allocation to operating expenses.
A summary of a corporation's revenues, costs, and expenses within an accounting period--also called an "Income Statement". See: Balance Sheet; Financial Statement; Income Statement
Is the report, which shows a client's, trader's, or company's profitability. It can refer to one trade or some designated accounting period. Depending on the reporting purposes, the reports can take into account other income and expenses.
An accounting statement showing income, expenditure and profit over a given period.
Summary of the revenues, costs, and expenses for a business over a period of time. Also called the income statement.
Financial statement depicting a business entity's operating performance and reports the components of net income, including sales of real estate, rental income, operating rental expenses, income from rental operations, and income before tax. The income statement shows the cash flow for an entire accounting period, usually a quarter. The income statement is included in the annual report of the real estate corporation.
