Income Statement Definition | Finance Strategists | Your Online Finance Dictionary

A company’s income statement records a company’s performance over a period of time, usually three months. The income statement, sometimes referred to as a statement of income or profit and loss statement, is one of the three documents used to measure the profitability of a company. The other two are the balance sheet and the cash flow statement. It should not be confused with the balance sheet, which records the state of a company’s funds at a single point in time. _______________________ 0:00 Income Statement Definition 0:16 How Profit or Loss is Determined 0:24 Income Statement in Finance and Accounting 0:52 Components of an Income Statement 3:00 Income Statement Question & Application _______________________ Talk with an advisor by emailing [email protected] Learn more by visiting the page: https://www.financestrategists.com/te... Check out the main Finance Strategists YouTube Page here:    / @financestrategists4468   _______________________ Message from the founder: Here at Finance Strategists, we believe one of the best ways you can help someone is with their finances. We create helpful informational videos and content to help people take control of their finances. Finance Strategists plans to launch "Finance Strategists for Kids" where we teach fundamental financial concepts to kids in a clear manner allowing them to generate margin in their lives to bless other people. We believe raising up a generation of leaders with financial freedom can change individual lives, neighborhoods, countries, and the world. _________________________ 🔔 Hit the bell next to Subscribe so you don't miss a video! 📧 Fill out this form to receive the "Finance Word of the Day" in your inbox! 👨🏻‍💻 Watch our newest vids! - https://bit.ly/FS-Recently-Added 💃 To book Ranie for voiceover or spokeswoman, email [email protected] _________________________ Follow us on Socials: Website: FinanceStrategists.com Instagram: @financestrategists Twitter: @FinStrategists LinkedIn: https://bit.ly/FS-linkedin Facebook: https://bit.ly/Facebook-FS