Difference between revisions of "Income statement"
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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...") |
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Revision as of 06:07, February 20, 2017
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 period in time. Less commonly, it is also referred to as a statement of financial performance.[1]