How do i compile statement of profit and loss

When getting a business loan, you need to prepare and understand primary financial statements. One is, balance sheet, that is a record of assets, liabilities and capital; and the other is profits (profit and loss) statements, an outline of your income and expenses over a given time frame.

That would depend on whether you are looking at the P&L on a cash basis, or Accrual. On Accrual basis, the Invoice adds to the income, not the payment.

total cost of blouses p2400
16 sold at p145 = 2320p
p2400 - p2320 = 80p loss on original stock cost
to make a p480 total profit p480 + 80p(cover loss) = 560P
560P /4 = 140p
560p +2320 p = 2880 ptotal proceeds
profit = proceeds - original stock cost
profit = 2880p - 2400p
profit = 480p
Answer is 140p

Bellow I have an example if an If, then and else statements

#Const CustomerNumber = 36
#If CustomerNumber = 35 Then
' Insert code to be compiled for customer # 35.
#ElseIf CustomerNumber = 36 Then
' Insert code to be compiled for customer # 36.
#Else
' Insert code to be compiled for all other customers.
#End If

Change the date on your PC to 2009 while you do it. Should work.

The semi colon is a required element. C and C++ will not work without them. Depending on your compiler you may be able to set a compiling setting to use a different symbol to use instead of the ; but that is the default Language required end of statement symbol. Without it or something to replace it that the compiler understands there is no way for the program to know where 1 statement or command ends and the next begins.

Depending on your typical type of operation 10:1 to 20:1

When your office staff is 3 to 7 days behind you need a faster office worker ( no playing on the internet) or another ofice worker

Even an individual needs some form of accounting. Organization needs financial accounting not necessarily to achieve its objectives. Does the organization have a Bank Account, does it need money to buy equipment, computer, furniture etc, does it spend money for various purposes? How do you keep track of all the transactions? Is there a Government body like Taxation, or the company executives you have to report to.
about your financial activities, Profit & Loss etc.
These are just couple of reasons, why need a Financial Accounting. Hope this will help.
luciana44

Start up expenses for a company are considered both Assets and Expenses. Assets, Liabilities and Capitol are all on the Balance Sheet. Revenue, Cost of Goods and Expenses are on the Profit and Loss. Quicken and Quickbooks will help you set up all your accounts.