The income statement is a financial statement that shows the performance of the business for a period of time, it could be three months or six months, consisting of.The components of the income statement.1. income (Revenue) means the compensation received from the sale of a business, product or service to the customer, which caused a certain amount of money is calculated, and it also includes investment income, interest, exchange of goods from lending, is divided into two categories:1.1 direct revenue is the revenue function is directly caused by a species of operations directly, whether the sale of the business or service entirely khang.1.2 other income is that in addition to the direct income, such as caused by selling assets.2. expenses (Expenses) is the cost of the goods or services that are paid from the venture to go to cause revenues and include the various expenses arising from operations to sales items.3. net income (net loss) refers to the part that caused the revenue over expenses within the accounting period. If expenses greater than income, the net loss.
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