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Which financial statement displays the revenues and expenses of a company for a period of time?

INCOME STATEMENT

BALANCE SHEET

CASH FLOW STATEMENT

STATEMENT OF STOCKHOLDER'S EQUITY

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Question added by Muhammad Mujtaba Shafique , RJ , Dream Fm106
Date Posted: 2016/02/07
Mohammed  Alwayel
by Mohammed Alwayel , Statutory Financial and General Ledger Manager , Sadara Chemical Company

Income Statement or Profit and Loss Statement (P&L) both are the most common names for the same purpose, which is showing sales/revenues Vs. expenses for a certain period.  

Income Statement, can also be profit & Loss statement display the revenue and expenses of a company for a period of time. 

 

 

M Umar Azam
by M Umar Azam , Senior Accountant , Mustafa Furnishing Industries FZC

Income Statement:

Income Statement is the statement which displays revenue and expenses of an entity for a period of time.

javed yousafzao
by javed yousafzao , INVENTORY MANAGER , INTERWOOD MOBEL LTD PVT

Income statement display the revenue and expenses of a company for time of period 

Sunil Pandey
by Sunil Pandey , Auditor , MB Group

Income Statement is in fact a consolidated summery of Income and expenses for the period. Hence, Income statement displays the revenues and expenses of a company for a period of time.

Hassan Ayesh
by Hassan Ayesh , training accountant , hassan ahmed aalawy

1/

INCOME STATEMENT

displays the revenues and expenses of a company for a period of time

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BHAVIN PATEL
by BHAVIN PATEL , Senior Accountant , Sigma Projects

INCOME STATEMENT shows revenue and expenses of the company.

Mohamed Hakeem Meerashahib
by Mohamed Hakeem Meerashahib , Branch Manager , Sri Lanka State Trading (General) Corporation

Income Statement display Revenues and Expenses

Ahmed Shaheen
by Ahmed Shaheen , Accounting Manager , MG Finance - TEJARA for Investment & Development

Income statement display the revenues & the expenses for a period of time.

Sawsan Al-Khadhra
by Sawsan Al-Khadhra , Project Controls Manager , Worely

Income statement.. It is called also "P&L" = Profit & Loss Statement. And usually it covers a period of one month.

 

Shahbaz Hayder
by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

Option1 - Income Statement is the right answer.

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