How To Prepare Simple Income Statement

The others being the balance sheet and statement of cash flows.
How to prepare simple income statement. Methods of creating an income statement. This method is really simple and quick to know about how good or bad your business is doing. It is one of the three financial statements that business firms usually prepare. There are two methods you can use when preparing an income statement manually.
The income statement is another name for the small business owner s profit and loss statement.
Source : pinterest.com