Profit & Loss Account (P&L) Definition

Below please find a definition of “Profit & Loss Account (P&L)” Profit & Loss Account (P&L): At the end of every fiscal year, every investment or company summarizes the gross profit or loss and net profit or loss incurred in

Profit & Loss Account (P&L) Definition

Below please find a definition of “Profit & Loss Account (P&L)” Profit & Loss Account (P&L): At the end of every fiscal year, every investment or company summarizes the gross profit or loss and net profit or loss incurred in

Net Profit Definition

Below please find a definition of “Net Profit” Net Profit: The term net profit is synonymous with net income. Net profit is calculated by subtracting a company’s expenses from the company’s total revenue. Free MP3 Download:  To download our free

Gross Profit Definition

Below please find a definition of “Gross Profit” Gross Profit: Gross profit is calculated by subtracting the cost of goods as sold by the company from the company’s sales or revenue. In other words, the profit that a company makes