Understanding Profit and Loss Statements P&L: Templates and Examples

Third, you have to cover the utilities, marketing expenses, and depreciation — all represented as general and administrative expenses (often also called non-operating expenses). First, all the meals you typically sell during a month amount to your revenue. After you deduct the cost of goods sold — like ingredients — and labor costs from the […]

Understanding Profit and Loss Statements P&L: Templates and Examples Read More »