Respuesta :
Income /profit statement the amount of income a company reports in its financial statements.
It reports in its financial statements or income of a company through which dividend distribution and retained earnings are taken out. Many companies report its statements in the form of balance sheet or revenue or the income statements furthermore to analyze their financial position and value of their shares.
The financial statements of a company tells about the report of accumulation and numbers and often termed as the gross proceeds or the net income or the profit earned by the organisation in a particular time period. It is also known as profit and loss statement which documents business expenses and revenue.
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