income statement
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The elements of financial statement refer to the items enclosed in a financial statement. Examples of these elements are assets, liabilities, net or equity assets, expenses, revenues, losses and gains.
revenues and expenses
The business definition of the profit loss statement is a financial statement that explains your costs, expenses and revenues in a specific time period.
+ Incomes or Revenues - Expenses
A profit loss statement is a statement that summarizes costs, expenses, and revenues. Microsoft office has a downloadable profit loss statement template. The link to this template is http://office.microsoft.com/en-us/templates/profit-and-loss-statement-TC001115484.aspx
Revenues are reported on the income statement in the period in which they are earned.
Projected Income Statement normally includes your estimated future Business Revenues, Cost of Goods Sold, Gross Profit, Controllable Expenses, Non-Controllable Expenses and Net Profit. This statement is utilized to project your financial future in your business.
An income statement is the summary of a business's income and expenses during the past year. Income statements are used to determine how well a business is performing financially.
asset, liability equity, investment by owners, distructions to onwners, comprehensive income, revenues, expenses, gains and lossesType your answer here...
loss
revenues, gains, expenses and losses.