How to Prepare an Income Statement

income statement The income statement walks through gross profit, adds in fixed costs, interest, depreciation, amortization, taxes to arrive at net income Income statements are

Before you can prepare an income statement there are a few things you will need Income statements include a broad range of items, including revenue, net ขอ statement The layout of an income statement is simple to follow Sales start at the top, expenses and other costs are subtracted as you go down the column and the bottom