Posts Tagged ‘Profit and Loss Statement’
Examples of Expenses
Expenses are what a company has incurred or used up and are shown on a Profit and Loss Report. Expenses can include Rent, Payroll, Utilities, and Supplies.
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Revenue is what a company has earned and is shown on a Profit and Loss Report. Revenue can include Sales, Interest Income, and Rent Income.
Read MoreWhat is an Expense?
Expenses are what a company has incurred or used up. Expenses are shown on a Profit and Loss Report also known as an Income Statement.
Read MoreWhat is Revenue?
Revenue is what a company has earned. Sometimes this is referred to as Sales or Income. Revenue is shown on a Profit and Loss Report also known as an Income Statement.
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