Meaning Of The Word Income statement

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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.

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