Series 79: 1.2.2.1. Revenues

1.2.2.1. Revenues

The income statement begins with the company’s revenues, sometimes identified as sales or “sales and revenues.” Referred to as the “top line,” the revenues number states the total amount of money the company brought in from the sale of goods or the provision of services during the period in question, less any discounts, returns, or allowance for missing or damaged goods. This number represents the company’s net re