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2. Free Accounting Tools for Small Businesses

   www.aol.com/free-accounting-tools-small...

   Here are 10 free accounting tools (and one affordable paid solution with a 30-day free trial) you can try in your small business. [ Read more: A Guide to Small Business Accounting ]

3. How to Read a Company’s Profit and Loss Statement - AOL

   www.aol.com/news/read-company-profit-loss...

   Here is how to read deeper into a profit and loss statement. In the 2017 annual statement, Apple reported revenue of $229 billion and that revenue cost $141 billion, leaving the company a gross ...

4. Income statement - Wikipedia

   en.wikipedia.org/wiki/Income_statement

   Sankey Diagram - Income Statement (by Adrián Chiogna) An income statement or profit and loss account [1] (also referred to as a profit and loss statement (P&L), statement of profit or loss, revenue statement, statement of financial performance, earnings statement, statement of earnings, operating statement, or statement of operations) [2] is one of the financial statements of a company and ...

5. Financial accounting - Wikipedia

   en.wikipedia.org/wiki/Financial_accounting

   All the figures in the trial balance are rearranged to prepare a profit & loss statement and balance sheet. Accounting standards determine the format for these accounts ( SSAP , FRS, IFRS ). Financial statements display the income and expenditure for the company and a summary of the assets, liabilities, and shareholders' or owners' equity of ...

6. Chart of accounts - Wikipedia

   en.wikipedia.org/wiki/Chart_of_accounts

   A chart of accounts compatible with IFRS and US GAAP includes balance sheet (assets, liabilities and equity) and the profit and loss (revenue, expenses, gains and losses) classifications. If used by a consolidated or combined entity, it also includes separate classifications for intercompany transactions and balances.

7. International Financial Reporting Standards - Wikipedia

   en.wikipedia.org/wiki/International_Financial...

   IFRS financial statements consist of: [26] a statement of financial position (balance sheet) a statement of comprehensive income. This may be presented as a single statement or with a separate statement of profit and loss and a statement of other comprehensive income; a statement of changes in equity; a statement of cash flows