Setup Menus in Admin Panel

Sharing the Knowledge!™

Finance Knowledge and Information

What does income statement mean?

SEARCHING
Suggestion/Report Error
income statement
Noun

A financial statement that reports the results of an entity’s business activities for an accounting period by showing its revenues, expenses, gains and losses in arriving at the net income or loss for that period.

Synonym(s): 
  • earnings statement; income and expense statement; statement of earnings; statement of income; statement of income and expenses; statement of operations.
  • [BE]: profit and loss account (P&L)
    .
top
© 2015-2020 Pecunica LLC.  All rights reserved.
;