Business's top line (revenue)
Getting to Know the P&L Statement: Business's top line (revenue)
You may have heard business experts talk about a company's "top line". They are talking about the income part of the P&L sheet when they say that. The company starts the P&L with the income side.Before we look at the income side, let's take a look at what's written in the top of the P&L statement:
- The profit and loss statement for the year ending
- The Rupee Million is the value of all money. Keep in mind that 10 Lakh Rupees is equal to 1 Million Rupees. It is up to the company to choose which measure they want to use to explain their numbers.
- The particulars list all of the statement's important points. The note section, which is also called the plan, has any notes that go with the details. The note is given a name that goes with it (Note name).
- When companies put their numbers in a financial account, they usually put the number for the current year on the left and the number for the previous year on the right.
The company's major source of income comes from running its business. The money that comes in from outside the business is called "other operating income." The other income includes money that comes in from places other than operations. The phrase "net revenue from operations" means the difference between the money made from operations and the money made from other sources.
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Table of Contents: Getting to Know the P&L Statement 1. Introduction of the financial statements 2. The Profit and Loss statement |







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