balance sheet vs income statement
Definitions
noun
- a record of the financial situation of an institution on a particular date by listing its assets and the claims against those assets
Examples
Frankly I don't understand why most companies don't follow the same policy as franked income in the hands of shareholders is worth a lot more to them than huge piles of franking credits mouldering away in the company's balance sheet.
If you are to have any chance of success, you need to pore over balance sheets, crunch the right numbers and keep abreast of company news.
The 62 million consideration will bolster the strength of the balance sheet and free capital for expenditure on the branded goods.
Definitions
noun
- a financial statement that gives operating results for a specific period
Examples
An "expense" is something that is a charge on the income statement that ceteris paribus reduces the company's net income and net worth on its balance sheet.
Various temporal demarcations appear under the form of closing periods and are crystallized in balance sheets and income statements.
They had difficulty grasping the relationship between their Income Statement and their Balance Sheet.
