AS - Level Business Studies (Theme 2) Flashcards on Profit and Loss Accounts, created by Charlotte Summerly on 07/03/2016.
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Created by Charlotte Summerly
over 8 years ago
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Close
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Created by Charlotte Summerly
over 8 years ago
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What is profit and how does it differ from cash?
What is profit?
Types of profit
Gross profit
Operating profit
Net profit
What is profit and loss account?
Profit and loss account and cash flow forecast
Why is it a good idea to calculate profit/loss?
Calculate profit and loss accounts
