The P&L or earnings assertion, such as the dollars movement statement, exhibits alterations in accounts in excess of a established timeframe. The equilibrium sheet, Conversely, is a snapshot, displaying what the company owns and owes at only one instant. WillWill 13344 bronze badges $endgroup$ 4 $begingroup$ Did you not say https://www.youtube.com/watch?v=qMmsQ4kKgY4