[I/S] Income Statement 간단한 구조 및 Single Step

[I/S]

Income Statement 간단한 구조

# Income Statement상 Net Income 도출과정

+ Sales
- CGS
====================================
Gross Profit
   - Selling Expense
   - Administrative expense
====================================
Operating income
   + Other revenues and gains
    -  Other expenses and losses
====================================
Income from continuing operation
   - Provision for income taxes
====================================
Income from continuing operations after tax
   +/- Discontinuing operations - Net of Tax
====================================
  "Net Income"



# Single Step
※ A single-step income statement offers a simplified snapshot of a company’s revenue and expenses. This straightforward document merely conveys a company’s revenue, expenses, and bottom-line net income(According to www.investopedia.com)

Revenues
   Sales
   Other revenue & Gains
   Total Revenue
====================================
Expense
   CGS
   Selling expense
   Admin expense
   Other E&L
   Provision for income tax
   Total expense
====================================
Income from continuing operations
    +/- discontinuing operations
====================================
"Net Income"