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Called profit - PowerPoint PPT Presentation

The profit & Loss Account

The profit & Loss Account. Made easy. Profit & Loss accounts are ALWAYS set out in the same way. You must learn this, and then it is easy to answer questions on them. SALES TURNOVER. 105,000,000. This shows how much the firm has sold during the year, & is always the starting point.

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Called profit - PowerPoint PPT Presentation

The profit &amp; Loss Account

The profit & Loss Account