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Income statement reflects the operational results of the company over a period of time. It matches the income and the expenditure in the same period, and you can count the net profit in the period.
Through it, you can see the situation of the income and expenditure, it reflects the operational results of the company. At the same time, you can analyse the result in different periods. Including the develop tendency of profitability.
Here, there is a sample income statement.
Income statement is one of basic financial statements. You must know balance sheet, cash flow, accounting policies and explanatory notes. And you should understand the difference between the balance sheet and income statement, and know how to analyse the income statement.
