Income Statement

Income Statement

1. Definitions Of Income Statement

Income statement is report compiled in systematic about income obtained and expense happened in company business activity during specified period. income statement contains information about source of such the income is obtained and expense what becoming company business activity in the period.


2. Income a company can be classified 2 factions that is:

a. Operating Income.

that is from main activity is done by company.


b. Non operating Income

That is from main activity having the character of peripheral or the happening at any times.


The expense what becoming company responsibility can be classified 2 factions, that is :

a. Operating Expense

Expense which in direct corelation to company business activity.

b. Non operating expense

In the expense cannot be classified into operating expense. For example : Interest Expense, Loss from equipment sale of Office which cannot be utilized again.

3. Income statement Form

a. Form of single step

b. Form of multiple step.