Understanding an Income Statement

Understanding an Income Statement income statement Income statement An income statement is a financial report that shows how much your business has spent and earned over a specified time It also income statement What's an Income Statement?

income statement The layout of an income statement is simple to follow Sales start at the top, expenses and other costs are subtracted as you go down the column and the bottom

ขอstatement Also known as profit and loss statements, income statements summarize all income and expenses over a given period, including the The income statement is designed to start with revenue, then deduct expenses until you are left with net income