Where to put the Profit & Loss Statement
Use a dedicated sheet for the Profit & Loss Statement.
A sample structure of a Profit & Loss Statement
Design the structure for the Profit and Loss Statement as you like.
Explaination on the sample structure of the Profit & Loss Statement
How to fill the structure
Formulas in use
Comparative figures
Checking for error in the Profit & Loss Statement
Checking the final amount of Profit or Loss
3. Use SUMIF function to sum total figures from Trial Balance sheet.
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