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Chinese to English translations [PRO]
Bus/Financial - Accounting | | Chinese term or phrase: 盈亏平衡表 vs. 损益表 | | 请提供：未来3—5年的项目盈亏平衡表、项目资产负债表、项目损益表、项目现金流量表、项目销售计划表、项目产品成本表 |
| | | Breakeven Statement vs Profit & Loss Statement (or Account) | Explanation:
Breakeven Statement: must reveal when expected revenue from sales is able to pay all expenses.
The main purpose of the Breakeven Statement is to determine the breakeven point.
Profit & Loss Statement (or Account):
aka -- statement of income [wrongly]
statement of earning and retained earning
should state what happened most recently
describe the dollar value of products sold during the time slice selected for reporting
reveal --
income and expenses each venture generates
expended cash used for production
earned cash retained and not disbursed to owners as a dividend
gross profit --
revenue - expenses
income after taxation (net income)
expose perks --
insurance premiums paid --
life insurance
accident
disability
http://pier-23.tripod.com/financial-picturing.html
The second document is the profit and loss (income statement). This shows the company's sales income less all costs and the what's left either a profit or loss.
The third key document is the breakeven or payout and cash flow chart. This is a running P&L. Often it shows losses in the early periods, then a breakeven period and eventually periods of profit.
http://www.freebizplan.org/financial-plan.htm
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Note added at 1 hr (2007-11-17 11:49:41 GMT)
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In fact, the breakeven statement is very similar to the profit & loss statement. It only differs in their purposes. |
| Selected response from:
 Shirley Lao
Local time: 19:17
| Grading comment Thanks, everyone.
4 KudoZ points were awarded for this answer |
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| Discussion entries: 0 |
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Automatic update in 00:
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1 hr confidence:  
1 hr confidence: peer agreement (net): +4 Breakeven Statement vs Profit & Loss Statement (or Account)
Explanation:
Breakeven Statement: must reveal when expected revenue from sales is able to pay all expenses.
The main purpose of the Breakeven Statement is to determine the breakeven point.
Profit & Loss Statement (or Account):
aka -- statement of income [wrongly]
statement of earning and retained earning
should state what happened most recently
describe the dollar value of products sold during the time slice selected for reporting
reveal --
income and expenses each venture generates
expended cash used for production
earned cash retained and not disbursed to owners as a dividend
gross profit --
revenue - expenses
income after taxation (net income)
expose perks --
insurance premiums paid --
life insurance
accident
disability
http://pier-23.tripod.com/financial-picturing.html
The second document is the profit and loss (income statement). This shows the company's sales income less all costs and the what's left either a profit or loss.
The third key document is the breakeven or payout and cash flow chart. This is a running P&L. Often it shows losses in the early periods, then a breakeven period and eventually periods of profit.
http://www.freebizplan.org/financial-plan.htm
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Note added at 1 hr (2007-11-17 11:49:41 GMT)
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In fact, the breakeven statement is very similar to the profit & loss statement. It only differs in their purposes.
| Shirley Lao
Local time: 19:17
Native speaker of:  Chinese
PRO pts in category: 8
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The translation workplace 
