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Hello there, @deb1171.
I'd be glad to help share information about running the Profit and Loss report in QuickBooks Online (QBO).
Yes, when running the Profit and Loss report in QBO, the report will show the total amount on each accounts selected when creating transactions including the sub-accounts.
I've attached these screenshots for additional reference.
In addition, for more information about running and customizing the Profit and Loss report, you may check this article: How to customize your Profit and Loss report.
You may also check our help articles for your reference in the future: Help articles for QBO.
Our doors are always open here on the Community page, stay posted if you have any other questions about reports in QBO. I'll be always here to help you!