Printable Income Statement Template

Benefits of income statement template.

Printable income statement template. An income statement also referred to as the profit and loss statement statement of operations or statement of income is a report prepared by the management of the company and is one of the four main financial statements that are issued by company namely balance sheet income statement statement of owner s equity and statement of cash. In like manner this official statement will tells the people why company discounting too much on products or why company earning so much profit from a single product. Investors and business managers use the income statement to determine the profitability of the company it is one of three major financial statements required by gaap generally accepted accounting principles. For creating this statement in the best professional way you can take help from income statement template that can be get free from our website.

It s a complete part of the company s income statement as well as the result of income statement displays company net income or internet reduction. This statement is created at the month end or year end to analyze the assets owner s equity and liabilities under particular business condition.