P&L statements filed beneath accrual accounting are required to abide by U.S. GAAP reporting requirements, including the ASC 606 income recognition typical. Beneath that, interest price and taxes are deducted to eventually get there at the net gain or reduction to the interval. To find out more, browse Amazon’s once-a-year https://www.youtube.com/watch?v=UoMCmIKQW4w