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Profit and Loss Statement Templates
Profit and Loss Statements Templates are official documents that are very crucial in business. They are used to keep track of the cash flow of the business. They are important in that they can be used to determine if the business is doing well or it is heading down the wrong path. If a business keeps recording losses only with no sign of recording profits any time soon, then it shows that something is not right somewhere. Preparing a Profit and Loss Statement requires skilled personnel. It requires someone who has access to all the previous records of the finances…