The income statement is a report of your business’s profits and losses over a specific period. It is also called a profit and loss statement (P&L). You can use the income statement to summarize monthly, quarterly, or annual operations.
There are three main financial statements used to get a clear view of your business’s financial performance:
3)Cash flow statement
Unlike the balance sheet and cash flow statement, the income statement shows you your business’s sales and net income or loss after accounting for expenses.
You see that small print at the bottom right of the page? That’s my sister’s name Yanira Scalise. I am beyond proud to see her name on the @wsj Can’t even take it! I’m smiling from cheek to cheek!😄 My mom would be very proud of you @yanirascalise @yanirascalisephoto and your accomplishments. You are by far the best photographer in the business. That shot is gorgeous. #wallstreetjournal#photography #
Today is the day I finally made it to @wsj I don’t know where to begin I have so many emotions right now I’ve jumped up and down a few times already about the excitement of my photo getting published nationally. I don’t know if I am making my mother proud exactly right now but I hope I made her smile... what you do for eternity matters so much more than your accomplishments here on earth....! I am extremely grateful for this Moment. Thank you @speedcamp for buying me my first and second camera, both of my Mac computers and for always supporting my work! #cannon#wallstreetjournal#annotated#madewell#freepeople#momboss#strawberryrevolution
It’s a Money Makin Weekend!
#wallstreetjournal reported the US Census says the average Median Black Households makes only $37,000 per year via @cakemixxllc You must build multiple income streams if you want to achieve financial independence. Let’s help change that! 704.750.2864
Watch of the Day: The Super-Accurate Junghans Meister MEGA. Its J101 multi-frequency radio-controlled movement, which took in-house engineers four years to develop, comprises 146 components. The time is interpreted on 3 continents via a time signal (hence the cool map design on the dial), with a deviation of just 0.006 seconds in 1 million yrs. Read the Super-Accurate @junghansgermany Meister MEGA story at www.iwmagazine.com. #iwmagazine