income statement
Appearance
English
[edit]Noun
[edit]income statement (plural income statements)
- (accounting) A calculation which shows the profit or loss of an accounting unit (company, municipality, foundation etc.) during a specific period of time, providing a summary of how the profit or loss is calculated from gross revenue and expenses.
- Synonyms: profit and loss statement, P&L statement, P&L
Translations
[edit]financial statement of net income
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