
Projected Income Statement
What is a Projected Income Statement? A projected income statement shows an estimate of the profits and losses in a future period of time – the next quarter or the next fiscal year, for instance. It uses the same format as a regular income statement, but projects the future rather than recording numbers from the past. So, what does an income statement look like? Think of it as a set of stairs. You start at the top with the total amount of sales revenue made during the account