Income statements summarize an enterprise's revenues, costs, profits, and losses over a period of time, typically a month, quarter, or year. Balance sheets summarize an enterprise's assets and liabilities at a particular point in time.
Income statements summarize an enterprise's revenues, costs, profits, and losses over a period of time, typically a month, quarter, or year. Balance sheets summarize an enterprise's assets and liabilities at a particular point in time.
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