The P&L or profits statement, such as money circulation assertion, demonstrates variations in accounts above a set timeframe. The equilibrium sheet, on the other hand, can be a snapshot, showing what the company owns and owes at just one second. $begingroup$ For a choice with selling price $C$, the P$&$L, https://pnl69111.blogacep.com/39344916/the-best-side-of-pnl