Financial Statement Terminology: Income StatementResources

• Discussion Participation Scoring Guide.
• Dictionary of Accounting Terms.

For this discussion, you are going to have your finallanguage of businesslesson.

In yourDictionary of Accounting Termse-book:

• Locate six terms that you consider to be associated with the income statement (revenues and expenses).
• Define each term, and explain why it should be included as a revenue or expense in a business organization.