The P&L or income assertion, like the funds move assertion, shows alterations in accounts about a established length of time. The equilibrium sheet, Conversely, is a snapshot, demonstrating what the organization owns and owes at a single moment. WillWill 13344 bronze badges $endgroup$ 4 $begingroup$ Did you not say initially https://www.youtube.com/watch?v=qMmsQ4kKgY4