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:
Customer Servces
One of the biggest crocks perpetuated on the service sector of the economy is the idea of TQM. Total Quality Management is exactly what you do not want in a service business The point of TQM is the... [ more... ]
Marketing
The world of business has changed and continues to change dramatically and rapidly. Markets have grown from local to national to global. Technology no longer offers a competitive advantage, and cus... [ more... ]
Time Management
Most people spend most of their time thinking about all the things they have to do in the future. This article discusses living in "real time," and provides tips for becoming fully engage... [ more... ]
  Disclaimer | Privacy | Terms of useCopyright © 2004-2005 E-terms.com