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Profit Loss Form

Profit Loss Form

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How loss statement

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Instructions and help about business loss statement template

[Music] hello makawamat in this video lesson we will discuss profit and loss so first let us define what is profit it is the amount left from the revenue after all costs or expenses had been deducted lost it is what occurred when the costs and expenses exit the revenue or sales so how to compute the profit and loss so using the formula so the revenue minus the cost and take note if the result is a profit the result of a profit if it's positive and loss it is negative so how to compute the profit okay so how to compute the profit or the loss so using the formula revenue minus cos and take note the result is a profit if it is positive and lost if it is negative so let's uh let us answer this problem number one nidalee bought a bag of 8 for 800 pesos she spent 50 pesos per transportation in going the store for the following independent cases determine whether she earned a profit or incurred a loss determine how much her profit or lost and how much is the profit per cent so

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