La cuenta de resultados
Example: La cuenta de resultados muestra las ganancias del trimestre.
Definition
"La cuenta de resultados" is a financial statement that summarizes a company's revenues, costs, and expenses over a specific period, showing the net profit or loss. It helps stakeholders understand the profitability and financial performance of the business during that time.
Etymology
The term "la cuenta de resultados" comes from Spanish, where "cuenta" means 'account' and "resultados" means 'results.' Together, they refer to an accounting record that displays the financial outcomes. Did you know? This phrase is equivalent to the 'income statement' or 'profit and loss account' in English financial terminology.
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"La cuenta de resultados" appears in the Vocaplus list "Spanish - Finance - (A1-C2) - set 1", containing 150 commonly used words.
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the income statement