How much money did your business collect and how much did it spend? These pretty darn important questions are answered on the Profit and Loss Statement, also known as the P&L, also known as the Income Statement. Your accountant should be handing you one of these at least twice a year. Here’s how to read it…
[youtube]https://www.youtube.com/watch?v=dgRcVkHhAy0[/youtube]