Profit and loss is nothing but an statements which shows the net profit and net loss during a period.
This statement is a projection of the sales expected in a given period of time, the cost of the merchandise that will be sold, and the operating expenses of the business.
No difference. It is just a matter of symantics (different ways to say the same thing).
The term 'profit and loss' means an account compiled at the end of an accounting period to show gross and net profit or loss