The _____________ Portion of the Income/P&L Statement Tells the Difference

question 89

Short Answer

The _____________ portion of the income/P&L statement tells the difference between what you sold the product or service for and what the product or service cost you.

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Definitions:

Donate

To give money, goods, or services voluntarily to an entity or individual without expecting anything in return.

DBMS

Database Management System, a software used for creating, managing, and manipulating databases.

Open Source

pertaining to software for which the original source code is made freely available and may be redistributed and modified.

Proprietary

Pertains to ownership or qualities that are privately owned and restricted in use to the owner or patent holder.