Income Statement - Net loss expenses exceed revenues. Past...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Income Statement Reports revenues and expenses for a specific period of time . Net income – revenues exceed expenses.
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Net loss expenses exceed revenues. Past net income provides information for predicting future net income ....
View Full Document

This note was uploaded on 01/03/2012 for the course ACCOUNTING ac 201 taught by Professor - during the Spring '11 term at Montgomery.

Ask a homework question - tutors are online