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In this video, I go over the basics of the income statement. 🖥️Wall Street Prep🖥️ ► Use code RARELIQUID for 20% OFF on any course! ► https://gv142.isrefer.com/go/rliquid/... 👇Download the Excel and PDF👇 https://www.dropbox.com/sh/obdu8jrvwb... 👨🏫My 1:1 Banking Mentorship Program👨🏫 ► Our guarantee - secure a $150K+ / year investment banking offer within 180 days! ► Sign up: https://go.bankingaccelerator.com/c82... 🎥Related Videos🎥 Cash Flow Statement Tutorial: • The BEST BEGINNER'S GUIDE to the Cash Flow... Balance Sheet Tutorial: • The BEST BEGINNER'S Guide to the Balance S... Trading Comps Tutorial: • Trading Comps Valuation Tutorial From Form... DCF Beginner's Tutorial: • How to Build a Discounted Cash Flow (DCF) ... Excel Shortcuts for Finance and Modeling: • Top Excel Shortcuts For Finance and Modeli... A Beginner's Guide to Portfolio Management: • The BEST Beginner's Guide to Portfolio Man... ⏱Timestamps⏱ 0:00 - Introduction 0:37 - What is the income statement? 2:22 - Wall Street Prep 3:40 - Revenue, COGS, Expenses, Profit 9:15 - Easy Excel Examples 16:35 - Concluding Thoughts ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📱Interact With Me📱 ► Instagram: / rareliquid ► Twitter: / rareliquid ► TikTok: / rareliquid ► LinkedIn: / ben-chon-8b0ba34a ► Business Inquiries: [email protected] 🧑🎓Career Resources👩🎓 ► Buy my resume and cover letter: https://rareliquidcareers.com/ ► Books I recommend: https://amzn.to/3gy28xv ► My filming equipment: https://a.co/cf97WjW 🔎Disclaimer🔎 All content in this video is for entertainment purposes only. I am not a professional financial advisor and my statements are not to be taken as instructions or directions. In addition, some of the links above are affiliate links, meaning that at no additional cost to you, I may earn a commission if you click through and make a purchase. #accounting #incomestatement #financialstatements