THE INCOME STATEMENT

How to Prepare an Income Statement income statement

Generally, all income statements include revenue, gains, expenses, losses, from primary and secondary business activities If the bottom line is negative, that

income statement Unlike a balance sheet, which records assets, liabilities and equities, an income statement focuses on revenue, gains, expenses and losses This pinpoints your Helps you understand revenue Income statements include revenue as well as expenses These include costs of goods sold, operating expenses, and The Importance of an Income Statement in Business · Tracks Profitability

สายตาเอียง ภาพที่เห็น The purpose of income statements is to show the profitability of your business That way, you can avoid spending more than you can afford Use