Format of the income statement - Viewpoint

Format of the income statement - Viewpoint income statement The Income Statement is one of a company's core financial statements that shows its profit and loss over a period of time ขอstatement 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—

ขอstatement Single-Step Income Statement format aggregates all revenues and subtracts all expenses to find the net income in a single step Multi-Step

ขอ statement An income statement is a financial statement that shows you how profitable your business was over a given reporting period It shows your Generally, all income statements include revenue, gains, expenses, losses, from primary and secondary business activities If the bottom line is negative, that