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    khushbou's Avatar
    khushbou Posts: 2, Reputation: 1
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    #1

    Dec 6, 2010, 09:19 AM
    Profit and loss
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Dec 18, 2010, 11:34 PM

    Profit means that you made money and a Loss means you lost money.

    If you are talking about a Profit and Loss statement for a company, then you are talking about an Income Statement.
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