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To prepare an income statement you first need to generate a trial balance report.
Income statement pdf template. It is considered that only a professional can make an income statement but by following the steps below you can also create an income statement. The trial balance report is a prerequisite for preparing all financial reports as it contains the closing balances of all the ledger accounts as on a specific date. Easily editable printable. Instantly download income sheet templates samples examples in adobe pdf microsoft word doc microsoft excel xls google docs apple mac pages google sheets spreadsheets apple mac numbers.
The basic program usually used to create an income statement is microsoft excel. Boc hong s in come statement includes all of the major items in the list above except for discontin ued operations. Income statement in excel pdf how to write an income statement. In arriving at net income the statement presents the following subtotals.
The income statement covers the following periods such as five months ended may 31 year ended may 31 quarter ended may 31 five weeks ended may 31 or month ended may 31.
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