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.
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stripthatfatweightlo 4 months ago
Very nice! I understand it much better!
ydelgreco 4 months ago
easy to understand
vdg50 6 months ago
gross LOL gross PROFIT, good one!!! hahahahaha
ubershredder1989 9 months ago
pretty good..lol
Bigpapax30 10 months ago
it's funny, but i can't understand all
ngalethi 1 year ago
Comment removed
ngalethi 1 year ago
when are we taxed? in this ?
vmedia2 1 year ago
Its good
crazyluuk 1 year ago
wow your very funny! especially the party money part! and it really is explained easily! thanks!
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FreeFOREXautoROBOTS 1 year ago
thanks alot this is helping me in my business class!
lilkaos42 1 year ago
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.
thuynguyenable 2 years ago
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r0gu3trad3r 2 years ago
great man, ur explanations are really understandaable, thanks alot 10/10
jerryisking 2 years ago
Good explanation - this video was actually an assignment for a class I'm currently taking, glad my instructor referred us here!
utrose4321 2 years ago
thanks! great for revisions!
AngryHamster 3 years ago
hi, is this income statement presentation refered to manufacturing company or sole proprietorship?
duardie2 3 years ago
Good Presentation! I am an accounting student, and this is a good start for explaining someone income statement. Are you employed as an accountant?
tulip512 3 years ago