understanding a profit and loss statement

Tag Archives
understanding profit and loss statement

Understanding a Profit and Loss Statement for Restaurants

A restaurant profit and loss statement displays a business’ revenues and costs over a specific period of time. This important ledger can effectively track business growth, if you know exactly what items belong in a profit and loss statement. Since understanding a profit and loss statement is difficult, we’re here show you the way.


Sign up for the CPA Chronicle monthly newsletter by clicking here

Contact Info

30 Jericho Executive Plaza Suite 500W, Jericho, NY 11753

Phone - 516.746.6322
Fax - 516.746.8679