Income Statement

What Is an Income Statement? income statement Your income statement follows a linear path, from top line to bottom line Think of the top line as a “rough draft” of the money you've made— thesis statement example Unlike a balance sheet, which records assets, liabilities and equities, an income statement focuses on revenue, gains, expenses and losses This pinpoints your

income statement The income statement is critical to understanding a company's financial health Here's the step-by-step process of preparing an income