P&L and Balance sheet dont match

[Robert Graham Merkel]

On Wed, 11 Jul 2001 11:23:06 Nicholas Lee wrote:
> 
> 
> I've got a difference in the profit reported on the Balance Sheet and
> the P&L reports.
> 
> How is the profit on the Balance Sheet calculated??  
> 

Essentially, by calculating the net balance of the total collection
of income and expense accounts.


-- 
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Robert Merkel	                           rgmerk@mira.net

Go You Big Red Fire Engine
-- Unknown Audience Member at Adam Hills standup gig
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