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This is known as the trading period. There are many stakeholders that will be interested in the profit and loss account of a business.
This is the final part of the profit and loss account. If the net profit figure is negative, the business has made a loss.
The 12-Month Profit and Loss Projection Worksheet is used by companies to project profits and losses for up to 12 months in the future.
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Tax-loss harvesting helps investors offset capital gains and lower taxes by selling losing investments. Learn how it works and whether it makes sense for you.
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