What are the components of a P&L statement?

What are the components of a P&L statement? 

Accounting, Financial Planning

Your company's long-term profitability and viability can be determined by looking at the various elements that make up a profit and loss statement.


A P&L Statement comes with a lot of moving parts from expenditure and revenue, to cost of goods and gross profit. You must carefully consider each of these components if you want your business to succeed. The Profit & Loss Statement guarantees that there won't be any financial hurdles on your path to success!

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