jm1244975oxbec7
jm1244975oxbec7 jm1244975oxbec7
  • 03-12-2019
  • Business
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A financial statement showing the revenue and expenses for a fiscal period


Whats the term?

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amanarsalan
amanarsalan amanarsalan
  • 06-12-2019

Answer:

Income statement.

Explanation:

Income statement.

A financial statement showing the revenue and expenses for a fiscal period. Net Profit: The difference between total revenue and total expenses when total revenue is greater.

Net Loss: The difference between total revenue and total expenses when total expenses are greater.

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