The P&L or profits statement, similar to the cash movement statement, displays improvements in accounts about a established timeframe. The equilibrium sheet, Conversely, is a snapshot, showing what the company owns and owes at a single moment. $begingroup$ For an alternative with rate $C$, the P$&$L, with respect to adjustments https://pnl80009.59bloggers.com/34530458/5-simple-statements-about-pnl-explained