What Is a Revenue-and-Loss (P&L) Assertion? A profit-and-loss assertion, or P&L, is a abstract of an organization’s revenues, prices and bills over a specified time frame, usually a fiscal quarter…
What Is a Revenue-and-Loss (P&L) Assertion? A profit-and-loss assertion, or P&L, is a abstract of an organization’s revenues, prices and bills over a specified time frame, usually a fiscal quarter…