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Monthly income statement

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(Querist)
09 April 2014 What is monthly income statement? How can I prepare it ?
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Vishnu Saboo

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Vishnu Saboo (Expert)
18 April 2014 Monthly Income Statement is nothing but a statement of profit and loss for the month.
you have to consider all income earned/accrued , all expenses paid/accrued.
the diff of both will be ur income or loss.
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