Organizations must comply with a set of procedures and recommendations often known as generally acknowledged accounting rules (GAAP) every time they get ready these statements. $begingroup$ Assuming that you will be working for the bank, there are 3 diverse P&Ls based on the function/ usage: Juice journal's editor Joram Vuille https://pnl87429.dailyblogzz.com/34651399/examine-this-report-on-pnl