How to Prepare an Income Statement (Step by Step)
Accounting University Accounting University
30.6K subscribers
344,477 views
3.9K

 Published On Nov 22, 2019

🔥Accelerate Your Grades with the Accounting Student Accelerator! - 85% OFF
Financial Accounting Accelerator 👉 http://bit.ly/fin-acct-review
Managerial Accounting Accelerator 👉 http://bit.ly/aua-mgr

Want to master financial statements? Check out the Full Course Below:

https://www.udemy.com/course/learn-ac...

🔥DOWNLOAD YOUR FREE DEPRECIATION CHEAT SHEET 👉 http://bit.ly/depreciation-cheat-sheet


In today's video, I will show you how to prepare an income statement.

Income statements track revenues and expenses for a business. This statement helps businesses understand their income and profit. There are all types of expenses from wages expense to cost of goods sold. This statement can be tricky so make sure to watch the entire series to understand how to make an income statement step by step.

SUBSCRIBE SO YOU CAN MASTER ACCOUNTING!

   / @accountinguniv  

********************************************************************

Comment Below if you have any questions!🔥

show more

Share/Embed