Define: Income Statement

UK Accounting Glossary

Definition: Income Statement

Quick Summary of Income Statement

Financial statement presenting revenues, expenses, and profit. Also called profit and loss account.

What is the dictionary definition of Income Statement?

Dictionary Definition

Full Definition of Income Statement

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Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Income Statement. Payroll & Accounting Heaven Ltd. July 22, 2019
Chicago Manual of Style (CMS):
Income Statement. Payroll & Accounting Heaven Ltd. (accessed: July 22, 2019).
American Psychological Association (APA):
Income Statement. Retrieved July 22, 2019, from website:

Definition Sources

Definitions for Income Statement are sourced/syndicated from:

  • Oxford Dictionary Of Economics
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 23rd December 2018.