An income statement is a financial statement that shows the revenue, or sales, and expenses of a business for a specific time period and determines if a business has a profit or a loss.
<u>Explanation:</u>
The Income Statement is one of the organization's center budget reports that shows its benefit and misfortune. The P&L articulation demonstrates an organization's capacity to produce deals, oversee costs, and make benefits. over some stretch of time. The pay articulation figures the total compensation of an organization by subtracting absolute costs from all-out pay.
The salary explanation, regularly called a benefit and misfortune articulation shows an organization's monetary wellbeing over a predefined timeframe. It likewise gives an organization significant data about income, deals, and costs. These announcements are utilized to settle on significant monetary choices.
B. Polytheism is the worship of many gods Monotheism is the worship of one god.
Polytheistic religions included the religions of the Greeks and the Romans (with all of their varieties of different gods).
Monotheistic religions include Judaism, Christianity, and Islam.
The United States finally collapsed into a Civil War because southern states began to secede from the Union upon Lincoln's election to the office of President. Lincoln did not tolerate these secessions, which he deemed illegal.