This article describes both using the direct and the indirect approaches, the best way to prepare, read and interpret the Income Statement. The Income Statement is a financial statement that summarizes how the company used up and has created cash over a time period. The articles exemplifies the content and structure of the Income Statement and how it connects to the Income Statement and the Balance Sheet.
Publication Date: 03/11/2016
This is just an excerpt. This case is about Accounting about Accounting