Examples of income recorded on this statement ... Once you have all your information recorded on a personal income statement, you can calculate what's called your net discretionary cash flow.

Also referred to as a profit and loss statement. By combining these elements, the income statement illustrates just how much income your company makes or loses during the year by subtracting cost ...

He is an expert on personal ... Gross income for a company is interchangeable with gross margin or gross profit. A company’s gross income is found on the income statement. It's the revenue ...