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Which would not be found on a quarterly profit & loss statement?

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User Antonina
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Final answer:

A quarterly profit & loss statement shows revenue, expenses, and net income for a specific quarter. It does not include a company's balance sheet.

Step-by-step explanation:

A quarterly profit & loss statement, also known as an income statement, shows the revenue, expenses, and net income or loss for a company over a specific quarter. It includes items such as sales revenue, cost of goods sold, operating expenses, and taxes.

However, items such as a company's balance sheet, which shows its assets, liabilities, and equity at a specific point in time, would not be found on a quarterly profit & loss statement. The balance sheet provides a snapshot of a company's financial position, while the profit & loss statement focuses on its financial performance over a period of time.

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User Flack
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