Profit and Loss Statement

Should credits for your credit card be showing on your profit and loss statement?

A business expense purchase made with your credit card would should show up on the profit and loss statement as an expense. If there was a credit for that expense, it also would show up on your profit and loss statement.

Click here to post comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Profit and Loss Statement Questions.

Please subscribe to my monthly newsletter, Bookkeeping Basics E-zine. It tells you each month about the new information that I have added, including some great tips and advice from myself and other Bookkeeping Basics readers.

Enter Your E-mail Address
Enter Your First Name (optional)

Don't worry — your e-mail address is totally secure.
I promise to use it only to send you Bookkeeping Basics E-Zine.