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
income statement
income statementWebster's New World College Dictionary, Fifth Edition Copyright © 2014 by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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"income statement." YourDictionary, n.d. Web. 14 January 2019. <https://www.yourdictionary.com/income-statement>.
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income statement. (n.d.). Retrieved January 14th, 2019, from https://www.yourdictionary.com/income-statement
English Wiktionary. Available under CC-BY-SA license.
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MLA Style
"income statement." YourDictionary, n.d. Web. 14 January 2019. <https://www.yourdictionary.com/income-statement>.
APA Style
income statement. (n.d.). Retrieved January 14th, 2019, from https://www.yourdictionary.com/income-statement
income statement - Investment & 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.
Webster's New World Finance and Investment Dictionary Copyright © 2010 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
Used by arrangement with John Wiley & Sons, Inc.
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Cite this page
MLA Style
"income statement." YourDictionary, n.d. Web. 14 January 2019. <https://www.yourdictionary.com/income-statement>.
APA Style
income statement. (n.d.). Retrieved January 14th, 2019, from https://www.yourdictionary.com/income-statement
income statement - Legal Definition
n
An accounting document setting forth
the income and expense of a business organization over some period of time.
Webster's New World Law Dictionary Copyright © 2010 by Wiley Publishing, Inc., Hoboken, New Jersey.
Used by arrangement with John Wiley & Sons, Inc.
Used by arrangement with John Wiley & Sons, Inc.
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Cite this page
MLA Style
"income statement." YourDictionary, n.d. Web. 14 January 2019. <https://www.yourdictionary.com/income-statement>.
APA Style
income statement. (n.d.). Retrieved January 14th, 2019, from https://www.yourdictionary.com/income-statement
