The Income Statement, or the Profit and Loss Statement (P&L), is one of the main financial statements utilized by companies to evaluate their performance during a given period. It gives an overview of a firm's revenues, expenses, and profits or losses. The statement is crucial for investors, managers, creditors, and analysts to know how well a company is performing. What Is the Incom... https://topcollegesadmission.in/college-list/msc/Purandhar