Examples of Income Statement in a sentence
Complete financial statements for the last two years, including Statement of Financial Position (Balance Sheet), Results of Operations (Income Statement), Statement of Changes in Financial Position (Net Change in Resources) and Statement of Current and Retained Earnings.
Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
The following reports shall be required to be distributed annually to all the Partner(s): (choose all that apply) ☐ - Balance Sheet ☐ - Income Statement ☐ - Cash Flow Statement ☐ - Profit and Loss (summary) Such annual reports shall be the responsibility of the General Partner(s) or the Partner(s) managing the day-to-day operations of the Partnership.
Pro Forma Income Statement In order to illustrate its future earning potential, the Company has provided a summary of its - year financial forecast.
Impairment losses are recognised in the Income Statement within other expenses.