The income statement, or profit and loss statement (P&L), reports a company's revenue, expenses, and net income over a period of time. Read more about elements of the income statement in the Boundless open textbook.
Jun 2017 »The income statement, or profit and loss statement (P&L), reports a company’s revenue, expenses, and net income over a period of time. Read more about elements of the income statement in the Boundless open textbook.