Profit and loss statement of a business abridges revenues, costs and expenses of a business for a particular phase of time. Profit and loss statement is typically prepared for a financial year. This declaration is part of one of the financial statements of a business which demonstrate financial position of a business. This statement is prepared in an explicit format. Here we present a profit and loss statement template for your kind support. This profit and loss statement template is created in MS Word. You can tailor this profit and loss statement template to be used for your business by varying sample text in given spaces. Here is a preview of this profit and loss statement template.
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