What is an income statement?
An income statement, also known as a profit and loss statement, is another important financial document that provides information on a company’s revenues, expenses, and profits. It shows how much money the company has earned during a specific period of time and how much it has spent to generate that revenue.
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An income statement, also known as a profit and loss statement, is another important financial document that provides information on a company’s revenues, expenses, and profits. It shows how much money the company has earned during a specific period of time and how much it has spent to generate that revenue.