The P&L or profits statement, such as cash stream assertion, shows alterations in accounts over a set stretch of time. The harmony sheet, Conversely, is actually a snapshot, displaying what the organization owns and owes at an individual instant. $begingroup$ For a possibility with selling price $C$, the P$&$L, with https://pnl21852.wizzardsblog.com/34029231/what-does-pnl-mean