Def - Income Statement
An Income Statement (also known as a Profit and Loss Statement or a P&L) is the statement that shows profitability of the organization for a particular period of time, usually a month, fiscal period, quarter, or year.
An Income Statement (also known as a Profit and Loss Statement or a P&L) is the statement that shows profitability of the organization for a particular period of time, usually a month, fiscal period, quarter, or year.