This presentation is the property of its rightful owner.
1 / 6

# Profit and Loss Statement PowerPoint PPT Presentation

Profit and Loss Statement. Introduction. Balance sheet shows health of the organization. Income statement also called as profit and loss statement (P&L), gives company's financial statement for particular period.

Profit and Loss Statement

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.

- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

## Profit and Loss Statement

### Introduction

• Balance sheet shows health of the organization. Income statement also called as profitand loss statement (P&L), gives company's financial statement for particular period.

• This shows if the organization has made profit or loss during particular period.

• This slide demonstrates in a simpler manner how profit can be calculated

### Example of profit and loss statements

Case

MrPatil started poultry as a side business with 102 birds. He started business with his own saving of Rs.5000/-.

Out of 102 birds, in one month, 7 birds died

### Expenses

• First batch of birds, following were his expenses as shown in table below

Total 2040 rupees

### Sales

• Total Weight of birds were averaging 1.8 kgs

• Due to mortality factor, MrPatil has 95 birds

• Purchasing rate in market is 15 rupees per kg

• Thus Sales in rupees can be calculated as

### Profit

Total Profit is

• Income obtained from Sales and deducting expenses incurred

• From our earlier slide , Expenses is given below

• From Previous Slide , Sales income is given below