Added: 4 years ago
From: AskTheBusinessBuildr
Views: 41,201
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  • Very nice! I understand it much better!

  • easy to understand

  • gross LOL gross PROFIT, good one!!! hahahahaha

  • pretty good..lol

  • it's funny, but i can't understand all

  • Comment removed

  • when are we taxed?  in this ?

  • Its good

  • wow your very funny! especially the party money part! and it really is explained easily! thanks!

  • Thanks, its informative, I like Forex robot - i got one free if anybody looking for...

  • thanks alot this is helping me in my business class!

  • This is the first time I watch your video about P&L & I am not an accountant. Your explanations are understandable. I want to ask why do we have to devide COGS & Expenses into 2 separate entities? Can I just see COGS & Expenses as the Expenses? And then I take the Rev-Expenses, I'll have the gross profit or Savings.

    Thanks.

  • great man, ur explanations are really understandaable, thanks alot 10/10

  • Good explanation - this video was actually an assignment for a class I'm currently taking, glad my instructor referred us here!

  • thanks! great for revisions!

  • hi, is this income statement presentation refered to manufacturing company or sole proprietorship?

  • Good Presentation! I am an accounting student, and this is a good start for explaining someone income statement. Are you employed as an accountant?

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