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How do we know on balance sheet that the company is making profit or loss?

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Question added by Sarita Fernandes , Secretary (ship building ) , American Bureau Of Shipping Europe Divison
Date Posted: 2017/04/13
Sarita Fernandes
by Sarita Fernandes , Secretary (ship building ) , American Bureau Of Shipping Europe Divison

ACompany’s profit & loss A/c will show the expenses & income of the particular company . Substrate the expenses from the revenue, it will show the profit or loss. When the revenue is higher the company is in profit. If the revenue is low that means the company is in loss

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