Income Statement and Balance Sheet

The income statement is a historical record of the trading of a business over a specific period It shows the profit or

Before you can prepare an income statement there are a few things you will need Income statements include a broad range of items, including revenue, net

income statement Income Statement and Statement of Retained earnings, As originally reported, December 31, 2016 financial statements YE December, 31, 2016 Sales $ 82,914

thesis statement example Learning Outcomes The first statement to prepare is the Income Statement Start with your adjusted trial balance and make sure that your trial balance