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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

hey badass business owners today we're going to talk about the basics of your profit and loss income statement because let's face it it can be very confusing because it looks like just a bunch of numbers on a page but i want to let you know that you need to know your business numbers and your profit and loss is your business's report card so it's really important you understand it because at the end of the day it is the piece of the puzzle that helps you unlock your profits so with that let's take a look now there's going to be a couple different versions of a p l that are out there don't get hung up on the way that yours happens to look they all have the exact same five key sections and that's what we're going to take a look at so you know what those five sections are the first section is the income line and the income section is going to be called either income sales or revenue basically it's all the money that is coming in to the business so if you're receiving money in any way sha

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