Income Statement

Description

All about an Income Statement, from a level 1 NCEA student.
Tsungi Sikireta
Mind Map by Tsungi Sikireta, updated more than 1 year ago
Tsungi Sikireta
Created by Tsungi Sikireta about 9 years ago
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Resource summary

Income Statement
  1. A financial statement that measures a company's financial performance over a specific accounting period. Financial performance is assessed by giving a summary of how the business incurs its revenues and expenses through both operating and non-operating activities. It also shows the net profit or loss incurred over a specific accounting period, typically over a fiscal quarter or year.
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