In dominos B/S what is the item shown as ''debit to P&L'' (Negative figure)


1 Answer(s)


When a company makes a profit or loss the shareholders equity is affected. Since shareholders are the owners of the company, any profit or loss will impact their holdings.

So if a company makes a profit then shareholders will benefit. If a company makes a loss, then shareholders stand to loose.

In Domino's case, the P&L amount is being subtracted because the company has made a profit and has a liability to pay that profit to shareholders.