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Daily Archives: December 27, 2022

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prepare an income statement

How to Prepare an Income Statement?

BookkeepingBy CA Mohnish KatreDecember 27, 2022Leave a comment

We refer to an income statement as a financial statement that provides insight into a company’s financial performance. The Income statement is mostly referred to as a profit and loss statement but is different from a profit and loss report. It lists the revenues and expenses made by a company during a certain period. An…

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