Understanding Income Statements

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

You can download your free income statement template in the format that suits you best If you like using spreadsheets, you can use the free Microsoft Excel or

income statement How to prepare an income statement · 1 Print the trial balance · 2 Determine your total revenue or sales · 3 Determine your cost of goods

thesis statement example Helps you understand revenue Income statements include revenue as well as expenses These include costs of goods sold, operating expenses, and