An income statement is the financial statement that present the sales and expenses of a business, including the profit (or loss) for a given period. This is many times called a Profit & Loss (or P&L) statement.
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An income statement is the financial statement that present the sales and expenses of a business, including the profit (or loss) for a given period. This is many times called a Profit & Loss (or P&L) statement.
« Back to Glossary Index