Quiz Temukan Jawabanmu Disini

How do you calculate net income on a balance sheet

How to calculate net income from balance sheet?

The difference between the Balance Sheet Accounts will equal the difference between the Income Statement Accounts – which is Net Income. Since Owners Equity is only part of Total Equity, Net Income can also be calculated using a rewrite of the Accounting Equation: From: Assets = Liabilities + Equity.