The link between a balance sheet and an income statement is obvious, but it's also tricky. The more income your business earns, the more value should show up on its balance sheet.

An integrated financial statement further shows how the income statement affects the balance sheet. In this example, the company has $10,000 in cash and $5,000 in capital stock on hand.

Balance sheets and income statements can help investors analyze stocks. Discover how to interpret these financial documents when you come across them.

An income statement shows the ability of a company to generate profit while a balance statement shows a business’s assets and liabilities. Discover the importance and how to read them.

Understand the basics of financial statements and how to analyze them to learn more about a corporation. The most important are balance sheets, income statements and cash flow statements.

Learn what an income statement is, its key components (revenue, expenses, profit), and why it's important for financial analysis.

The time period the income statement covers, usually one quarter or a full year. The principal balance of the company's debt, which can be found on its balance sheet.