How to pronounce “income statement”

Meaning

• [Noun]
• (accounting) A calculation which shows the profit or loss of an accounting unit (company, municipality, foundation etc.) during a specific period of time, providing a summary of how the profit or loss is calculated from gross revenue and expenses.

Practice Nearby Words

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Similar Sounds

income statement, instatement, vision statement, bank statement, understatement, unconstant, sustainment, statement, silent treatment, senior moment