Free Printable Profit And Loss Statement Template
When someone makes a new business, there must have a profit and loss statement, this statement is to know the balance of the cash flows which is the most important need in the business section. For those of you who never heard about profit and loss statements, here we help you to share the information related to this topic. Profit and loss statement can also be called an income statement or P&L statement is a financial statement that shows the business’ revenue, expenses, and net income over a specific period. It is usually assessed quarterly and at the end of the business’ accounting year. You can try to get more information on the profit and loss statement template.
Other Samples of Profit And Loss Statement Form :
On the profit and loss statement template, some highlighted parts should be seen and learn, among others are the revenue or we can call it as an income, cost of goods sold or COGS, general expenses, net income, and the other expenses such as taxes, interest, etc. Let us tell you more about these parts, start from revenue, this part shows the total sales that you make; expenditures is the information of total expenditure line with specific types; COGS shoes the materials and the time to produce it; gross profit shows the number that you get when you subtract the cost of goods sold from the revenue, and many more. Click on the free download link at the bottom of this page if you are interested in using this kind of template.
Profit And Loss Statement Template | Excel – download