The income statement, also known as the profit and loss statement, is an important tool as it calculates the profitability or loss of a business.

Learn about the income statement, what it looks like, and how it can be used to assess an organization's current financial condition and future prospects.

Learn how to analyze an income statement like a pro! This video provides an introduction to financial statement analysis, ...

How to Report Product Sales Revenue & Service Revenue on an Income Statement. The income statement is one of the core financial statements, and it details all of the revenue and expenses recorded ...

Dividends aren't listed on the income statement, but you may be able to calculate a rough estimate.

An income statement shows the ability of a company to generate profit while a balance statement shows a business’s assets and liabilities. Discover the importance and how to read them.