What is the difference between Income statement & Balance Sheet?

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How are the income statement and balance sheet linked?
Posted by:
ahmed mohamd shatat
06-May-2017

Accounting Cost Accounting Financial Accounting Economics Finance

Question added by MUHAMMAD SHOAIB , Finance Manager , KUNDI DEVELOPMENT CORPORATION PVT.LTD
Date Posted: 2017/04/18

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1 Answers

Kaleem Uddin Mohammed

by Kaleem Uddin Mohammed , Accounting and Reporting Manager , Dal Group

IS reflect the performance while the BS portrays the Financial position of an entity.

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