The Difference Between a Balance Sheet and an Income Statement

The Difference Between a Balance Sheet and an Income Statement income statement Your income statement reports the income and expenses for a specific period of time , whereas the balance sheet lists your thesis statement example An income statement, also known as a profit and loss statement, is a financial statement that shows a company's revenues and expenses over a

thesis statement example An income statement contains a range of information pertaining to a company's finances It has four main components: revenue, expenses, gains and losses All of

ขอstatement The income statement shows a firm's performance over a specific period of time The statement helps financial statement users understand the How do I prepare an income statement? · Line 1: Lists the gross revenue for the reporting period, which is the total amount of money earned from