Income Statement
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Description
A financial statement summarizing the results of operations of a business by matching its revenues and related expenses for a particular accounting period. Shows the profit or loss.
Concept Prerequisite
Wikipedia Reference
http://en.wikipedia.org/wiki/Income Statement
Learning Material
Covered in Topic(s)
| Accounting: Information for Decision Making |
| Basic Financial Statements |
| The Accounting Cycle: Capturing Economic Events |