A statement summarizing the financial operations of a governmental unit for an accounting period as contrasted with a balance sheet which shows financial position at a given moment in time.

The written record of a business's gross income, expenses and resultant net income.

The financial statement disclosing the financial results of operations of a governmental unit during an accounting period in conformity with generally accepted accounting principles (GAAP).

a financial statement that gives operating results for a specific period

A financial statement that displays the operating income and expenses for an investment property for a specified period. For more information, see the "Creating a Business Plan: Financial Statements" article in the "Real Estate Investing" section.

An accounting statement that itemizes revenues, expenses and profits of a department, store, division, company or other business unit. Also referred to as a P&L statement or income statement.

Summarizes income less cost of goods, less expenses claimed against the income for a specific period of time. Also known as an Income Statement or Profit & Loss Statement.

The financial statement disclosing the revenues and expenses and operating result for a given period of operation.

See income statement.

A statement of sales (revenue) and expenses for a certain period of time. Also called an Income Statement, Profit and Loss Statement or a Statement of Income and Expense.