How do I write a year to date profit loss statement to show my recent business income?

I don't receive a pay check from my business but have to show the income for my business to save my property from foreclosure|||On a cash basis a Profit and Loss statement is essentially your bank statement showing all incoming and outgoing cash.





On an accrual basis you would show anything owed to your business that has not been collected yet as an asset to your company. If you have money owed to you from clients this method would be better for making your business appear more profitable.





try this template





http://office.microsoft.com/en-us/templa鈥?/a>