How Well Do You Know English Slang?  income statement  an
accounting of income and expenses that indicates a firm's net
profit or loss over a certain period of time, usually one year.
Unabridged Cite This Source Examples for income statement   •
The accounting statements that illustrate and measure the six
financial elements are the balance sheet and income statement.
• The user inputs historical income statement and balance sheet
information.   • The effect upon the income statement for a
change in estimate that affects several future periods should be
disclosed.   • The impact to our income statement will result in
our reducing our headcount.  Word of the Day  Difficulty index
for income statement  Few English speakers likely know this word
Word Value for income  Scrabble Words With Friends