[ad_1] What’s a revenue and loss assertion? There are lots of monetary statements that your corporation ought to preserve and seek advice from, key amongst these is your revenue and loss (P&L) assertion. However why is it so necessary, what are you able to be taught from it, and the way do you calculate P&L? Beneath are solutions to those and different incessantly requested questions. What does the revenue and loss assertion present? A P&L assertion is a crucial indicator of your corporation’ well being – throughout its lifecycle. As a startup, it may inform you should you’ve reached break-even…