Make Profit and Loss Statement in Excel in Hindi

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Make Profit and Loss Statement in Excel in Hindi

What is a P&L Statement

प्रॉफिट & लॉस स्टेटमेंट एक्सेल में बनाना सीखें . Make Profit and Loss Statement in Excel in with this excel tutorial.
A profit and loss spreadsheet is a financial statement that displays a business’s financial performance during a given time period. Commonly referred to as an income statement or earnings statement, a profit and loss spreadsheet deducts the business’s expenses from its sales to determine its overall profit or loss.

Profit and Loss Statement in excel

The income statement is sometimes called a profit and loss statement, and may even be abbreviated in conversation to “P&L.” While accounting software programs may simplify creating this statement, you can also build a profit and loss statement in Excel. You will need to understand the definition of revenues, expenses, gains and losses. You must also specify the period of time that the statement covers. Lastly, you will need to decide which one of two formats you will use that comply with generally accepted accounting principles, either the single-step or the multi-step income statement.
How to make p&l in excel
Its very easy and involves just addition and subtraction and multiplication.
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