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Logan Hoover
2 July, 23:01
What is income statement?
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Hayley Banks
3 July, 02:38
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An income statement is a financial statement that reports a company's financial performance over a specific accounting period. Financial performance is assessed by giving a summary of how the business incurs its revenues and expenses through both operating and non-operating activities.
Its a statement that your bank sends out monthly to tell you how much you have in your account (s), what you spent the past month, deposited and even any interest that built up
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