ALL meanings of income statement
in·come state·ment
I i - noun income statement an accounting of income and expenses that indicates a firm's net profit or loss over a certain period of time, usually one year. 1
- noun income statement report of earnings 1
- noun income statement a financial statement that summarizes the various transactions of a business during a specified period, showing the net profit or loss; profit and loss statement 0
- noun income statement An income statement is a financial statement showing the revenues and expenses of a company over a period of time. 0