Posted by Gadis on 2:30 PM

Everyone knows, the profit is a good thing. Are you more money than you spend to sell or manufacture products. A report profits, or profits and losses are the first business and the period is summarized in the report. Accountants are responsible for the preparation of three main types of accounts for a company. The profit and loss, reports profits. Making business and the bottom-line gain or loss for a specified period. Each step of the profit and loss reports to the deduction of expenses. The profit and loss, reports of changes in assets and liabilities as well, so that if an increase in turnover, either because it is an increase of assets or a reduction of debt of an enterprise. If there is an increase in costs because it is a decrease of assets or an increase in debt.

These changes in assets and liabilities are an important prerequisite for owners and managers of a company, because it is the responsibility of management and control of these changes. A victory in a company with several variables, and not just increasing the amount of cash, through a company, but the management of assets other than good.

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