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INCOME STATEMENT
BALANCE SHEET
CASH FLOW STATEMENT
STATEMENT OF STOCKHOLDER'S EQUITY
Income Statement or Profit and Loss Statement (P&L) both are the most common names for the same purpose, which is showing sales/revenues Vs. expenses for a certain period.
Income Statement, can also be profit & Loss statement display the revenue and expenses of a company for a period of time.
Income Statement:
Income Statement is the statement which displays revenue and expenses of an entity for a period of time.
Income statement display the revenue and expenses of a company for time of period
Income Statement is in fact a consolidated summery of Income and expenses for the period. Hence, Income statement displays the revenues and expenses of a company for a period of time.
INCOME STATEMENT shows revenue and expenses of the company.
Income Statement display Revenues and Expenses
Income statement display the revenues & the expenses for a period of time.
Income statement.. It is called also "P&L" = Profit & Loss Statement. And usually it covers a period of one month.
Option1 - Income Statement is the right answer.
