Concept
Version 11
Created by Boundless
Defining the Income Statement
Wikimedian's Income Statement
Understanding an income statement is best accomplished by analyzing one. The above income statement is pulled directly from Wikipedia, and is the financial information they are offering to external stakeholders and the general public. The income statement starts with revenues, minuses costs and expenses, and results in a net gain or loss.
Understanding an income statement is best accomplished by analyzing one. The above income statement is pulled directly from Wikipedia, and is the financial information they are offering to external stakeholders and the general public. The income statement starts with revenues, minuses costs and expenses, and results in a net gain or loss.
Source
Boundless vets and curates high-quality, openly licensed content from around the Internet. This particular resource used the following sources:
"Cascadia_Wikimedians_User_Group_-_Income_statement_as_of_Dec_312C_2015.jpg."
https://upload.wikimedia.org/wikipedia/commons/a/a7/Cascadia_Wikimedians_User_Group_-_Income_statement_as_of_Dec_31%2C_2015.jpg
Wikimedia
CC BY-SA 3.0.