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What is the difference between income and income statement???
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Answer / srinivas v
income is a gain occuring over a period of time by an entity and which is expressed in terms of money.
income statement is also known as profit and losss statement which shows all income and expenditures occured during the financial year.
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Answer / suman
income is a gain occuring over a period of time by an entity
and which is expressed in terms of money.
income statement is also known as profit and losss statement
which shows all income and expenditures occured during the
financial year.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / varun
Income is the to generate selling of goods income but income statement is the our company financial performance depends upon
| Is This Answer Correct ? | 0 Yes | 0 No |
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