🧩 “The P&L and Balance Sheet are basically the same thing.” Nope — one shows your progress, the other shows your position. 🧾 P&L: measures your income and expenses. 💰 Balance Sheet: shows what you own, owe, and are owed. Together, they tell you if your business is profitable and stable. Follow @majorsaccounts — we break down the numbers so you don’t have to guess what they mean. #ukaccountant #balancevsprofit #financialeducation #businessownersuk #propertydeveloperuk #constructionfinance | Ma
🧩 “The P&L and Balance Sheet are basically the same thing.” Nope …
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