Profit and Loss

Empty bag

This micro-society we covered on the topic

Profit and Loss...as you can tell from the title.This diary will explian in more detail

onto what we did.

Dear Diary,

This time we did profit and loss in micro -society it was .........

Actually , lets take it from the start .

So I joined the school when i was ......WOH WOH WOH hold your horses there matey not from the very beginning.

Lets take it serously now... and by the start I mean the starting of the topic - Profit and Loss.

TAKE 2 ....

Dear Diary,

Today in micro - society we learned about profit and loss .NOTE FOR READERS:

Are you wondering what on earth profit or loss or profit and loss means well your in for a good treat *drumroll please * I will tell you.

Profit

According to the Oxford dictionary Profit means :

The money that you make in a business or by selling things ,especially

after paying the costs involved.

(Now its time for...... yep you guest it mates it is LOSS.

Loss

According to the Oxford dictionary ..again.. Loss means (money wise ) :

Money that has been lost by a business or an organization.

kind of looks like a sad face

Yalta Yalta Yalta .. onto something else NOW!

Moving on..

After all of this discussion including thinking about what this can means for my...NO..All of our companies . After this we did the moment that we had all been waiting for *drumroll again * Trading Time (TT)

So as usual Akshana flipped the flag over , and yet there was trading to start . Come in ! said all of the businesses.