Revenue Recognition, Expense Matching, and Profit Reporting The income statement, also known as the profit and loss (P&L) statement, is one of the most important financial reports for any business.

The income statement, also known as the profit and loss (P&L) statement, is one of the most important financial reports for any business. #ExpenseMatching #IncomeStatement #ProfitReporting #RevenueRecognition
www.entrepreneursjoint.com/income-state...