by admin | Jun 21, 2024 | Bookkeeping
The difference, known as the bottom line, is net income, also referred to as profit or earnings. The P&L statement’s many other monikers include the “statement of profit and loss,” the “statement of...
by admin | Dic 15, 2022 | Bookkeeping
This is to say that the total market value of the company should not change. Retained earnings represent the portion of the cumulative profit of a company that the business can keep or save for later use. Are you unsure what this earning number represents and how to...
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