To change the section titles of a report, select “edit titles” from the customize ribbon at the top of a Profit and Loss or Balance Sheet report.
<h3>What is
Balance Sheet report?</h3>
Financial statements are formal records of a company's, person's, or other entity's financial activities and position. Relevant financial information is presented in a structured and easy-to-understand format.
Earnings are the profits made by a company over a specific time period, usually a quarter or fiscal year. On the income statement, the earnings figure is shown as net income. When investors talk about a company's earnings, they usually mean net income or profit for the quarter.
On the income statement, interest expense is a non-operating expense.
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