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Understanding Profit & Loss Statement: Income, Cost of Goods

by Intuit•43• Updated about 6 hours ago

In this QuickBooks Online tutorial you'll learn what is a profit & loss statement along with:

  • Understand the Profit & Loss Statement and what it says about your business
  • Discover what Income, Cost of Goods Sold and Expense accounts are
  • Learn about accounting formulas that explain more about your business
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