Meaning Of The Word Income statement

Real Dictionary

What's the definition of Income statement? Find Income statement meanings, definitions and more at the Real Dictionary online.

Income statement Meaning

Income statement Definition
Income statement Definition

What's The Definition Of Income statement?

income statement in American English
a financial statement that summarizes the various transactions of a business during a specified period, showing the net profit or loss; profit and loss statement
noun: an accounting of income and expenses that indicates a firm's net profit or loss over a certain period of time, usually one year
noun: An income statement is a financial statement showing the revenues and expenses of a company over a period of time.

More Definitions

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

Definitions Of The Day

  • Ship canal ‐ a canal large enough for seagoing ships; noun:…
  • Object database ‐ noun: a database format in which information is…
  • Urban dweller ‐ noun: a person who lives in an…
  • Zaffer ‐ a mixture of impure oxides of cobalt, used in…
  • Work back ‐ verb: to…
  • Detailed ‐ A detailed report or plan contains a lot of details…
  • Self-recording ‐ recording its own operations or reactions automatically…
  • Lovered ‐ adjective:…
  • Ethical Culture ‐ noun: a movement founded by Felix Adler in 1876…
  • Off season ‐ a time of the year when the usual activity or…