Home : Terms : Article : Calculators Advertising : Contact us
Home > Terms > Accounting > Multiple Step Income Statement

Term: Accounting -> Multiple-step income statement
Term:

Multiple-step income statement

Definition:

An income statement (aka Profit and Loss) which has had its revenue section split up into sub-sections in order to give a more detailed view of its sales operations. Example: a company sells services and goods. The statement could show revenue from services and associated costs of those revenues at the start of the revenue section, then show goods sold and cost of goods sold underneath. The two sections totals can then be amalgamted at the end to show overall sales (or gross profit).

Related terms:

Depreciation

Other Post-Retirement Employee Benefit

Useful articles:
»The Top Twelve E-Mail Mistakes That Can Sabotage Your Career
»Quick Newbie Tips On Promoting
»Proven Ways To Dramatically Increase Your Conversion Rate
»Practical Tips from Leaders


Amortization
Portfolio
Phone Bill


Browse by categories
Accounting
Advertising
Banking
Bankruptcy
E-Commerce
Economics
Finance
Law
Investment
Insurance
Marketing
Real estate
Statistic
Trade
Purchasing


ABCDEFGHIJKLMNOPQRSTUVWXYZ

Featured Articles:
Agent Recruitment
Any company that hires new agents, has a responsibly to get them productive as quickly as possible. A lot of studies have been conducted which prove the faster an agent has their first transaction,... [ more... ]
Marketing
Essentially, to motivate a piece of equipment to operate, you need to give it the proper source of energy and to push the start button. If only people were so easy. Authors like Bob Nelson, in &quo... [ more... ]
E-commerce
Have you ever gone grocery shopping just before a holiday? The aisles are packed with people pushing carts, shelves need restocked, all the checkout lanes have long lines...not a fun experience. more... ]
  Disclaimer | Privacy | Terms of useCopyright © 2004-2005 E-terms.com