income statement

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income statement

noun income statements

  1. A calculation which shows the profit or loss of an accounting unit (company, municipality, foundation etc.) during a specific period of time, providing a summary of how the profit or loss is calculated from gross revenue and expenses.

    Similar: profit and loss statement, P&L statement, P&L

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MLA

"income statement." Wiktionary, via Micwyn, micwyn.com/word/income%20statement. Accessed 6 Nov. 2026.

APA

income statement. (n.d.). In Wiktionary, via Micwyn. Retrieved November 6, 2026, from https://micwyn.com/word/income%20statement

Chicago

"income statement." Wiktionary, via Micwyn. Accessed November 6, 2026. https://micwyn.com/word/income%20statement.

BibTeX
@misc{income_statement_2026,
  title = {income statement},
  howpublished = {Wiktionary, via Micwyn},
  year = {2026},
  url = {https://micwyn.com/word/income%20statement},
  urldate = {2026-11-06}
}