income statement 
income statement
Definition
income statement
income statement Finance Definition
One
of the major financial statements produced by a com-pany, it shows the amount
of money that is earned, the expenses incurred, and the resulting net income.
Corporations produce income statements quarterly as well as annually.
Publicly-traded companies meeting minimum size requirements must file their
income statement with the Securities and Exchange Commission.
income statement
Law Definition
n
An accounting document setting forth
the income and expense of a business organization over some period of time.
Browse dictionary entries near income statement
Print this Page
Suggestion Box
Send to Friend
