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Former Member
Jun 05, 2009 at 07:30 PM

Financial Statement discrepancies

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On the year end Balance sheet it shows, at the end, there is a line called "Profit Period", which I would think should be the Profit/Loss on the income statement for that same period. The profit on the income statement is not matching the amount for Profit Period. Does anyone know what may cause this? Or, the best way to finding what the problem is?