Can profit and loss be referred to as income, costs and expenses? Thank you

The profit and loss category is the category that affects the distribution of profits - undistributed profits.

Revenues, costs, and expenses will all affect the profit of the year, which will ultimately be reflected in the undistributed profit, so the reverse is true.

Revenue, costs, and expenses are profit and loss.

I know you're referring to the cost, and the expense is the money you spend yourself. In fact, it is not possible to distinguish between costs, expenses with money. However, you insist on distinguishing in your understanding. Look down:

The difference between cost and expense: the money consumed in the workshop to produce products (raw material payment, production workers' wages, workshop costs, excluding repair costs), referred to as "material and labor costs", which is the cost. What other food and beverage expenses, management personnel, sales staff salaries, fuel costs, so that the expenses spent in places other than the workshop.

Includes the cost of repairing the equipment in the workshop.

Cost, you can understand it this way, **, when you need to carry forward (non-period-ending) main business costs, other business costs, there are specific material commitments, such as goods, services.

Expenses, only management, finance, sales, and the three major expenses, will only be carried forward to the current year's profit at the end of the period.

Note: Manufacturing expenses are not expenses and are carried forward to costs (borrow: production costs credit: manufacturing expenses).

If you want technical terms, please go to the library, and the following are the technical words for you to paste and copy.

Expenses: It is the outflow of economic benefits incurred by enterprises in their daily activities such as selling goods and providing labor services.

Cost: It is the cost of a certain product or service object.

The difference between the two: 1. The content is different. Expenses include production expenses, administrative expenses, sales expenses, and financial expenses, etc. The cost of products of an industrial enterprise includes only the cost of producing a certain type or quantity of finished products. It does not include the production costs and other expenses of unfinished products.

2. The calculation period is different. The calculation period of the expense is linked to the accounting period, and the cost of the product is generally linked to the production cycle of the product.

3. The object is different. The calculation of expenses is classified by economic use, and the cost of products is calculated for products.

4. The calculation basis is different. Costs are calculated on the basis of direct costs and indirect costs. The cost of the product is based on a certain costing object.

5. The account and the original voucher are different. Expenses are based on various original vouchers obtained during the production process, and accounts are production costs, etc. The cost of a product is based on a costing sheet or cost summary table and a product inbound list, and the account is an inventory item, etc.

6. The total amount is different. The total cost is not equal to the total cost of the product for a certain period. Because the content and value of the two are different. The cost of the product is a part of the total expense, excluding the cost of the period, and the cost of unfinished products at the end of the period.

7. The role is different. Cost indicators, analysis of their weights, understanding structural changes to strengthen cost management, etc. The product cost index reflects the consumption of physical labor and live labor, the second is the compensation of capital consumption, the third is the inspection cost and profit plan, and the fourth is a comprehensive index that indicates the quality of the enterprise's work.

The difference between profit and loss expenses and cost expenses: different meanings, different uses.

First, the meaning is different:

Cost expenses are first transferred to the cost of the product, and then transferred to the operating cost with the sales of the product. Profit and loss expenses are included in profit or loss for the current period.

i.e. administrative expenses, selling expenses, etc.), to the income statement.

Second, the use is different:

Profit and loss expenses are to be recorded in the current profit or loss and carried forward. Cost expenses are cost-based. In other words, profit and loss expenses are expenses during the write-off period.

recorded, and the marginal return of the unit product will be affected after the cost fee is recorded.

Account: Enterprise profit and loss account.

It refers to the account of accounting for the income obtained by the enterprise and the costs and expenses incurred, which specifically includes:

Income accounts: main business income, other business income, investment income, fair value profit and loss of short auctions, etc.

Expense accounts: main business costs, other business costs, asset impairment losses.

Credit impairment losses, taxes and surcharges.

Selling expenses, administrative expenses, financial expenses, income tax expenses, etc.

Gains included in the current profit: non-operating income, gains and losses on disposal of fixed assets.

Loss directly credited to current profit: non-operating expenses.

Gains and losses on disposal of fixed assets.

The above content refers to: Encyclopedia - Profit and Loss Accounts.

Cost expenses are first transferred to the cost of the product, and then transferred to the operating cost with the sales of the product.

The profit and loss expenses are included in the profit and loss of the current period (i.e., the management expenses of the journey, the sales expenses, etc.) and are transferred to the income statement.

Personally, I understand that profit and loss expenses should be recorded in the current profit and loss and transferred away. Cost expenses are cost-based. In other words, the profit expense of the loss is recorded before the write-off period, while the cost expense will affect the marginal return of the unit product.

What is the difference between cost and expense and profit and loss? - The cost category is not directly transferred to the profit or loss of the current period. The profit and loss category must be transferred to the current profit or loss.

There is no balance at the end of the month.

Cost accounts are accounting accounts that reflect costs and expenses, are used to account for the occurrence and collection of costs, and provide cost-related accounting information. The different contents of costs and expenses can be divided into production costs, manufacturing expenses, labor costs and R&D expenditures.

When it actually occurs, it is included in their respective accounts, and when it is carried forward at the end of the period, manufacturing expenses, labor costs and R&D expenses are carried forward to production costs.

Profit and loss accounts.

A kind of accounting account, which is used to calculate the "profit of the year", including income accounts and expense accounts; At the end of the period (month-end, quarter-end, year-end), the accumulated balance of such accounts needs to be transferred to the "Profit of the Year" account, after which the balance of these accounts should be zero. Classify.

Enterprise profit and loss account refers to the account of accounting for the income obtained by the enterprise and the costs and expenses incurred, which specifically includes:

Income accounts: main business income, other business income, investment income, fair value change profit and loss, etc.

Expense accounts: cost of main business, other business costs, asset impairment loss, business tax and surcharge.

Selling expenses, administrative expenses, financial expenses.

income tax expense, etc.

Gain directly included in current profit: non-operating income.

Loss directly credited to current profit: non-operating expenses.

Don't be afraid to maliciously brush points.

Persist in the pursuit of truth and true knowledge.

Accounting accounts are divided into 5 categories, assets, liabilities, owners' equity, costs, profits and losses, the expenses you are talking about are actually included in the profit and loss class, such as sales expenses, management expenses, financial expenses, etc., the balance of all profit and loss accounts at the end of the month will be zero, it will offset the profit, and the cost account is a finished product that directly increases the product.

Hello, the cost of main business belongs to the (expense) expense category in the profit and loss account. In addition, the expense accounts in the profit and loss category mainly include:

1. The cost of the main business hall;

2. Other business into the manuscript;

3. Financial expenses;

4. Management expenses;

5. Business tax and surcharge.

6. Non-operating expenses;

7. Asset impairment losses, etc.

I hope it helps to eliminate filial piety.

The cost of principal business belongs to the (expense) expense category in the profit and loss account. In addition, the expense accounts in the profit and loss category mainly include:

1. The cost of main business;

2. Other business costs;

3. Financial expenses;

4. Management expenses;

5. Business tax and surcharge.

6. Non-operating expenses;

7. Asset impairment losses, etc.

The cost of principal business is an expense account. Offsetting profits.

"Cost of main business" belongs to the profit and loss account, and belongs to the expense category in the accounting elements.

China's "Accounting Standards for Business Enterprises" defines six accounting elements, namely assets, liabilities, owners' equity, income, expenses and profits.

The cost of principal business belongs to the expense category.

The cost account belongs to the asset element, and the cost is the embodiment of the value consumed by the enterprise in producing products and providing labor services. Cost accounts occur during the production process and are eventually carried forward to the inventory of goods, which are reflected in the assets. The cost account is an account set up for calculating the cost of the product, and its debit amount is the cost of the aggregate cost, and the credit amount is the transferred out of the collected cost and expense, and if there is no product at the end of the period, there is generally no balance.

Profit and loss accounts are accounts related to income and expenses. The profit and loss account can be distinguished between "loss" and "profit", and the so-called "loss" refers to costs, expenses, and taxes; "Profit" refers to various incomes, subsidies, investment income, etc., the former debit record increases, the latter credit record increases, at the end of the period, from the opposite direction to the "current year's profit", each profit and loss account at the end of the period has no balance. There is no balance at the end of the profit and loss account, and all of them are carried forward to the income statement of the current year and reflected in the income statement.

The cost of the main business, at a glance at its name, should know that it is the cost and the like, and the cost account is one of the profit and loss accounts, similar to its period expenses, the accounting unit related expenses, the difference is that the main business cost accounting is the direct formation of the commodity related expenses, and the period expenses (management expenses, financial expenses, sales expenses) are the expenses incurred indirectly. Therefore, this account is a profit and loss account, which is accounted for by profit and loss account, and like the cost and expense class, the debit side indicates the amount of increase incurred, and the credit side represents the amount of profit transferred to the current year. I don't know if you understand that.

Enterprise profit and loss account refers to the account of accounting for the income obtained by the enterprise and the costs and expenses incurred, which specifically includes:

Main business income, other business income, investment income, subsidy income, non-operating income, main business cost, main business tax and surcharge, other business payment, operating expenses, management expenses, financial expenses, non-operating expenses, income tax, etc.

According to the provisions of the accounting system for business enterprises, the balance of profit and loss accounts shall be carried forward to the profit account of the current year at the end of the period. After the carry-forward, the closing balance of the profit and loss account is zero.