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What is income statement projections?

An income projection statement is a formal document prepared by finance or accounting officers within a company. Income projection statements look at the monies the business will gain over a specific period, normally one year, minus anticipated expenses for that period.

How do you create an income statement in Excel?

Go to your income statement worksheet and in cell B2 type = and then click on the Gross Receipts workbook and click the cell that has the summation of your sales amount. Press Enter.. This transfers your total gross receipts from the one worksheet to the gross income worksheet.

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