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Questions that are not answered by the income statement?
be more specific about your question please
Does bank expense goes at income statement?
No, bank expenses do not typically go on the income statement. Bank expenses are usually recorded on the bank's own financial statements as part of their operating expenses. The income statement of a bank would typically include items such as interest income, loan loss provisions, and non-interest income.
How do you do Income statement?
Comparative income statement is same as normal income statement with little addition of that income statement as well from which comparison is required.
How is a loss of unrealized loss reported on an income statement?
If it is classified as an income security (Trading) then it is reported in the Income Statement under Other Rev and Gains. If it is classified as an equity security (A4S) then it is reported on the income statement within Stockholders Equity Section in other comp income until realized.
What types of questions are answered by the income statement and balance sheet?
The income and balance sheet shows the amount of debt a company has. To investors, this is a way to determine if they are capable of meeting their obligations.
Where does utilities expense appear on the financial statement?
It typically falls on the income statement under general and administrative expenses.
How do you prepare comparative income statement?
Comparative income statement is same as normal income statement with little addition of that income statement as well from which comparison is required.
What are the two categories of the income statement?
Following are two catagories of income statement: 1- Single Step Income statement 2- Multy-step income statement
Is income statement same as financial statement?
no. income statement is a only a statement in financial statements.
What is a projected income statement?
projected income statement is the estimated income statement to estimate the future business position.
Does fees earned go on an income statement?
income statement
Which financial statement summarises income and expenditure?
income statement
