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Notarize 12 Month Income Statement

Notarize 12 Month Income Statement

Aug 6th, 2022

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How to notarize 12 Month Income Statement

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In this mini-series by James from AccountingStuff, viewers will learn how to create financial statements, focusing initially on the income statement. Financial statements are reports summarizing a business's activities over a specific period and include three main types: the income statement, balance sheet, and cash flow statement. The income statement details a business's revenues and expenses, calculating profit or loss by subtracting expenses from revenue. It is also referred to as the profit and loss statement (P&L). This tutorial emphasizes the basic income statement, which, while simple, requires expansion for deeper insights. Future videos will cover the balance sheet and cash flow statement.

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