Joke Collection Website - Joke collection - Excuse me, in the financial statements, the balance of the previous year's profit and loss adjustment is in the credit, is it a loss or a profit?

Excuse me, in the financial statements, the balance of the previous year's profit and loss adjustment is in the credit, is it a loss or a profit?

The balance of the previous year's profit and loss adjustment is in the credit, which can be said to be the profit of the previous year. However, the balance of profit and loss adjustment in previous years is not reflected in the financial statements, and the ending balance of profit and loss adjustment in previous years should be carried forward to profit distribution-undistributed profit. Reflected in the undistributed profits of the balance sheet.