The propose of income statement
Answers
Answered by
2
*Answer*
The purpose of income status and statement is to verify the profit or an a loss .
Compare the results and improve the competitive spirit.
Income statement has higher benefits :
Countries economic growth,
Financial management,
Development status...etc
*Explanation*
Income can afford education , wealth and prosperity...etc
This how we develop ourselves and country too . Health , friendship , love , respect , dignity...etc which can not afford by income but mean lot for human nature.
I.e., every thing can’t be buy
Their are some things that are unexplainable but meant very valuable.
Hope it’s helpful to u ☺️
Hope u get it ✌️Fire
Rock the Brainily
The purpose of income status and statement is to verify the profit or an a loss .
Compare the results and improve the competitive spirit.
Income statement has higher benefits :
Countries economic growth,
Financial management,
Development status...etc
*Explanation*
Income can afford education , wealth and prosperity...etc
This how we develop ourselves and country too . Health , friendship , love , respect , dignity...etc which can not afford by income but mean lot for human nature.
I.e., every thing can’t be buy
Their are some things that are unexplainable but meant very valuable.
Hope it’s helpful to u ☺️
Hope u get it ✌️Fire
Rock the Brainily
Similar questions