Divine Another Name For Income Statement

There is also a new.

Another name for income statement. See full answer below. Projected income statement is the estimated income statement to estimate the future business position. Totals of income statement includes four main sources and name.

The income statement is commonly referred to as a profit and loss statement or P L A companys income statement is a record of revenue and expense over a period of time. An entity is a product or cash. There are many different names for an income statement including a profit and loss statement PL statement of earnings or statement of operations.

The income statement also called a profit and loss statement is a report made by company management that shows the revenue expenses and net income or loss for a period. Sometimes the word consolidated is thrown in front of those phrases but its still just an income statement. For example during the year the company make revenue USD500000 cost of sales USD300000 and other income USD5000 then the extract PL of the company is as following.

Another name for an income statement is the profit and loss PL statement. Profit and loss account. Understanding the Income Statement.

Profit and loss statement. One another name for income statement for recording the business. The financial statements will have new names.

34 rows Earnings Statement Statement of Operations Profit-and-Loss Statement. Revenue 500000 COGD 300000. Heres a list of similar words from our thesaurus that you can use instead.