Income statement

Are you missing an opportunity to turn financial data into real business intelligence. Find out how to turn your income statement into a rich source of decision-making insights.

Download a free Cash Flow Statement template for Excel. This statement of cash flows will augment your balance sheet and income statements.

The three financial statements are the income statement, the balance sheet, and the statement of cash flows. See them explained in detail.

What is an income statement? Do I need one for my small business? Find out how income statements can help you control your financial health.

A sample balance sheet and income statement show the relationship between the two reports. Learn how to prepare financial statements for your small business.

by Gamal Hennessy When I hear self-published authors talk about the success of their book in the marketplace, the discussion often begins and ends with the number of copies they’ve sold. A few of them might boil things down to an actual dollar amount a book makes each month, but these board measurements don't capture the whole story. A book that makes $1,000 but costs $3,000 to launch isn't as financially successful as a book that makes $1,000 but cost $700 to launch. At the same time, a…

This post describes The Income Statement It includes: 1. Format of the Income Statement 2. Explains components of Revenue and Expenses 3. Describes How to record transactions in Accrual basis of accounting 4. Presents natures of Income and Expenses 5. Lists transactions in a T account format which increase/ decrease income and expense . . LIKE & SHARE our Content!! Follow us on: Instagram: @the.whiteboard_ Youtube: The WHITEBOARD Facebook: The WHITEBOARD Pinterest: The WHITEBOARD…

Learn how to read a balance sheet to understand your business's financial position on a specific date. See what's reported on a balance sheet, with examples

There are three basic types of financial statements. We categorize another two important parts of an annual report as financial statements. Let's begin our disc

Want to learn how to format an income statement or need to download a free template? We have everything you need to know about income/profit and loss statements!