Income Statement Vs Profit And Loss: Are They The Same? -

What is an Income Statement? How to Structure your Business income statement Generally, all income statements include revenue, gains, expenses, losses, from primary and secondary business activities If the bottom line is negative, that ขอ statement The purpose of income statements is to show the profitability of your business That way, you can avoid spending more than you can afford Use

income statement Income Statement and Statement of Retained earnings, As originally reported, December 31, 2016 financial statements YE December, 31, 2016 Sales $ 82,914