Venture capitalist (VC) Fred Wilson at AVC
has a nicely written series on business
which we are going to reference
for the benefit of startups,
people interested in starting a business,
and for the general knowledge of anyone
who handles money.
Our first link was Accounting in general.
The next link is to
Business Income - The Profit and Loss Statement.
Wilson uses a profit and loss statement
from the company Google
as his example for explaining what is going on.
See also our following posts
which have links
to follow-up postings
by Wilson at AVC.
Crossposted at LawPundit.
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