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(A Government of India Enterprise) Human Resource Dept, Canal, Chennai 600 068. Phone:04425946531, Fax No: 04425946539,website: www.balmerlawrie.com Ref: BL/LS/CHN/CAPEX/201718/ 022dt 12/12/2017Due
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G ampamp l c stands for 'Profit and Loss Statement' which is a financial document that summarizes the revenues, costs, and expenses incurred during a specific period.
Businesses, corporations, and self-employed individuals are typically required to file a Profit and Loss Statement.
To fill out a Profit and Loss Statement, you need to gather information on your revenues (income) and expenses for the period, calculate the net income or loss, and present the information in a structured format.
The purpose of a Profit and Loss Statement is to provide insight into a company's financial performance by showing its revenues, costs, and expenses over a specific period.
A Profit and Loss Statement typically includes revenues, cost of goods sold, operating expenses, taxes, and net income or loss.
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