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Profit
Income statements
Statement of comprehensive income
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Created by
chet singh
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Plcs and Limited companies need to publish their accounts every year , they need to show their profit snd loss - where does this appear ?
in their
statement
of comprehensive
income
what is the definition of statement of comprehensive income
A
financial
document which
summaries
profits and
loss
every
year
of a
business
How does the statement of
comprehensive
income help measure profitability
A
business
that is
profitable
will help to
reward
its investors with a
return
on their
investment
Helps
managers
, owners and
investors
know how the
business
is doing