Profit and loss is the fundamental concept driving any enterprise. It signifies the financial results of a firm over a specific period. When revenues surpass expenses, a profit is generated, signaling a lucrative operation. Conversely, when expenses outstrip revenues, a loss emerges, indicating an detrimental financial status. Analyzing profit an

Profit and loss is the fundamental principle driving any business. It indicates the financial outcome of a corporation over a defined period. When revenues surpass expenses, a profit is generated, signaling a profitable operation. Conversely, when expenses surpass revenues, a loss develops, indicating an unfavorable financial standing. Analyzing

Profit and loss is the fundamental principle driving any business. It refers the financial results of a firm over a particular period. When revenues overcome expenses, a profit results, signaling a lucrative operation. Conversely, when expenses surpass revenues, a loss arises, indicating an unfavorable financial status. Evaluating profit and loss