Where does sales discounts go on the income statement?
singleAnswer
Revenue
Income statement
income statement
Income statement Net income Financial statement Sales (accounting) Revenue Category:Income statement Free cash flow Provision (accounting) Comprehensive income Minority interest
An <b>income statement</b> or profit and loss account (also referred to as a profit and 
loss statement (P&amp;L), statement of profit or loss, revenue statement, statement of
&nbsp;... Net income is informally called the bottom line because it is typically found on the 
last line of a company&#39;s <b>income statement</b> (a related term is top line, meaning&nbsp;... The notes typically describe each item on the balance sheet, <b>income statement</b> 
and cash flow statement in further detail. Notes to financial statements are&nbsp;... In financial ratios that use <b>income statement</b> sales values, &quot;sales&quot; refers to net 
sales, not gross sales. Sales are the unique transactions that occur in 
professional&nbsp;... Profits or net <b>income</b> generally imply total revenue minus total expenses in a 
given period. In accounting, in the balance <b>statement</b> it is a subsection of the 
Equity&nbsp;... Pages in category &quot;<b>Income statement</b>&quot;. The following 7 pages are in this category, 
out of 7 total. This list may not reflect recent changes (learn more). Net Capital Expenditure (CAPEX), Current <b>Income Statement</b>. - Net changes in 
Working Capital, Prior &amp; Current Balance Sheets: Current Assets and Liability&nbsp;... In <b>income statements</b>, the appearance of provision for income tax would refer to 
that expense. See also[edit]. Balance sheet &middot; <b>Income statement</b> &middot; International&nbsp;... In a companies&#39; financial reporting, comprehensive Income (or comprehensive 
earnings) ... Comprehensive income is the sum of net income and other items 
that must bypass the <b>income statement</b> because they have not been realized,&nbsp;... Also, minority interest is reported on the consolidated <b>income statement</b> as a 
share of profit belonging to minority shareholders. The reporting of &#39;minority 
interest&#39;&nbsp;...
Sales Net sales
Sales (accounting)