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What Goes Into The Income Statement? |
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Answer» Listed on an income statement is a company's revenue, expenses, gains and LOSSES for a PARTICULAR PERIOD. Revenue, also called sales, includes money received for the sale of the company's goods or SERVICES. Expenses, commonly referred to as OPERATING expenses, are costs the company incurs related to sales. Listed on an income statement is a company's revenue, expenses, gains and losses for a particular period. Revenue, also called sales, includes money received for the sale of the company's goods or services. Expenses, commonly referred to as operating expenses, are costs the company incurs related to sales. |
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