Income statement consists of 3 parts:
1. The revenues represents an increase of economic benefits. In the accounting period in the form of cash inflows. Or increasing the value of assets Or reduction of debt, which
has resulted in an increase in shareholders' equity. This does not include funds received from the shareholders of the
two. Costs, expenses refers to the reduction of economic benefits in the accounting period in the output stream. Or reducing the value of assets or an increase in liabilities, resulting in a decrease in shareholders' equity. This does not include the income. (Dividends) or return capital to shareholders of the Company
3. Net profit or loss non profit or net loss, net profit represents the excess of total revenue over total expenses for the same period. Making the increase in net loss of equity is to be contrary. Costs exceed revenues in the same period. Cause a decrease in shareholders' equity.
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