Make big profit

4 Responses to “why is a profit and loss account important?”

1. Cards'n'Blues, on August 11th, 2010 at 9:20 am Said:

   step 1-steal underpants
   step 2-
   step 3- profit

2. lil mizz rach :), on August 11th, 2010 at 9:36 am Said:

   for a business to know what they make every year

   i do business studies too i had 3of them to do and balance sheets tonight

3. Robert M, on August 11th, 2010 at 4:46 pm Said:

   to know whether the business can afford to continue to pay their accountant.

4. T E, on August 12th, 2010 at 12:34 pm Said:

   the p and loss account shows the sales, expenses, and profit/loss of a business for a period or year, and is a guage to show the success or failure of that venture during that period

   it is produced for owner, investor, and banker to show its success and failure for the business for that period

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