Học từ vựng | Vocabulary learning |profit and loss account
profit and loss account ()
/ˌprɑːfɪt ən ˈlɔːs əkaʊnt/
/ˌprɒfɪt ən ˈlɒs əkaʊnt/
a financial statement showing revenue, expenditure and profit from operations during a given period
A hold’s profit and loss account did not show all its losses
The profit and loss account provides a snapshot of a company's financial performance.
Investors analyze the profit and loss account to assess the business's profitability.
Regular review of the profit and loss account informs strategic decision-making.
Accountants use the profit and loss account to calculate key financial ratios.
