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Created page with "An '''income statement''' is one of the fundamental accounting statements. It provides a picture of a financial entity's income and expenses over a specified p..."
An '''income statement''' is one of the fundamental [[accounting]] [[statement]]s. It provides a picture of a financial entity's [[income]] and [[expenses]] over a specified period in time. Less commonly, it is also referred to as a '''statement of financial performance'''.<ref>[http://www.accountingcoach.com/blog/what-is-the-income-statement.html Income statement definition]</ref>
==References==
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[[Category:Accounting Terms]]
[[Category:Accounting]]
==References==
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[[Category:Accounting Terms]]
[[Category:Accounting]]