A firm's assertion of earnings is often named its gain and reduction assertion (P&L). It lists revenues, fees, and Web profit for the period coated. There are typically quarterly and annual P&Ls, but some organizations could publish month-to-month P&Ls. A income and decline (P&L) assertion is among the 3 kinds https://www.youtube.com/watch?v=HWYVaQA8oTQ