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About the application:

MS templates are pre-designed documents that you or someone else (such as Microsoft) creates to use as a pattern for a project. The template should be for a business card, brochure, resume, presentation...the list goes on. Regardless of the purpose, templates provide the design consistency that any organization (or individual) needs to look professional. The template includes a specific layout, style, design and, sometimes, fields and text that are common to every use of that template. Some templates are so complete (such as business cards), you only have to change the individual’s name, smartphone number, and email address. Others, such as business reports or brochures, should require that everything is changed except the layout and design. Once you make a template, you can use it over and over. Remember that while you begin a template to begin a project, you save the project as other file kind, such as the primary .docx Word format, for editing, sharing, printing, and more. The template file stays the same, unless or until you wish to change it (more on that later) A Profit and Loss Statement is other name for the Income Statement. A profit and loss statement is an necessary method of working out not only how your business has been performing in the past, but for predicting how it will perform in the future. It can be valuable in helping you make an annual income projection, and can be used to assist present investors and creditors why they could receive on board with your business. A Income Statement is one of the major financial documents t hat is prepared by business owners or their accountants. Business owners and accountants use it alike. This is necessary because it can very clearly present the financial success of your business over a period of time – and it can also present where you’re coming up short. For example, a lot of online retailers consider the Xmas season to be the most necessary time of year for their trade, and keeping an income statement for this time period can assist them check their own profits versus the current trends in their industry. However, for much of the rest of the year, retailers tend to do much less business overall. Some months, a retailer will search that they are barely breaking even. However, if you contain an entire quarter’s worth of sales, expenses, and profits, you may search that overall, your business is excelling. You need to download the templates and edit in MS Office