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Accounting Quizzes
> Accounting : Income statement Quiz
Accounting : Income statement Quiz
Quiz
*Theme/Title:
Income statement
* Description/Instructions
Businesses report information to outsiders in the form of financial statements. The 4 financial statements are balance sheet, income statement, statement of cash flows, and statement of owner's equity. The financial statement that and shows a company's operating performance for a specific year is the income statement. This is in terms of its net income or loss and is broken down by its revenues and expenses.
Group:
Accounting
Accounting Quizzes
Topic:
Accounting
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Income statement