What is an income statement YouTube?

What is an income statement YouTube?

The Income Statement is one of a company’s core financial statements that shows their profit and loss over a period of time.

YouTuber Steven Williams, otherwise known as Boogie2988, has been issued an arrest warrant over a confrontation with a rival YouTuber last year. Williams allegedly fired a gun into the air as a “warning shot” when Frank Hassle arrived at the door of his Arkansas home in September.

Who is Boogie2988 wife?

Desiree Williamsm. 2013–2018
Boogie2988/Wife

How do you prepare an income statement for a beginner?

How to Write an Income Statement

1. Pick a Reporting Period.
2. Generate a Trial Balance Report.
4. Determine Cost of Goods Sold.
5. Calculate the Gross Margin.
6. Include Operating Expenses.
8. Include Income Taxes.

How do I do a P&L statement?

How to write a profit and loss statement

1. Step 1: Calculate revenue.
2. Step 2: Calculate cost of goods sold.
3. Step 3: Subtract cost of goods sold from revenue to determine gross profit.
4. Step 4: Calculate operating expenses.
5. Step 5: Subtract operating expenses from gross profit to obtain operating profit.

Why is Frank hassle banned?

Frank Hassle was banned from YouTube as his content regularly infringed on “harassing” random people in public.

Does Boogie2988 have a girlfriend?

Shortly after his mother’s death in 2009, he met Desiree Dez and she moved to Arkansas to live with him. She later became known in his content as Dez2988, taking on his numerical suffix and occasionally portraying the unseen character of Francis’ sister. In October 2013, Williams and Desiree got married.

Who is Boogie2988 sister?

Karla Williams
Boogie2988/Sisters

How do you prepare an income statement from a balance sheet?

To write an income statement and report the profits your small business is generating, follow these accounting steps:

1. Pick a Reporting Period.
2. Generate a Trial Balance Report.
4. Determine Cost of Goods Sold.
5. Calculate the Gross Margin.
6. Include Operating Expenses.

How much money does Boogie2988 make on YouTube?

He has an estimated net worth of \$2.5 million. He makes videos geared towards gaming news and gaming. The other type of content he makes are vlogs, comedy sketches, articles. parodies and game play videos.

How much money does Boogie have to report to IRS?

The IRS states that income above \$400 from self-employment must be reported. In June 2019, Boogie faced criticism after clips from older live streams of him making racially charged comments resurfaced. He commented during one live stream, “That’s a lot of money, I guess, for a person of color, or is it not?”

Why was Boogie’s YouTube channel closed in 2016?

In June 2016, Boogie’s YouTube account was temporarily closed due to an anonymous hacker. The unidentified person got hold of his phone number via Verizon during his time at VidCon and was able to gain access to his accounts associated with it, including his YouTube channel. His channel was restored less than a week later.

What did boogie say about Magic The Gathering?

He became the subject of criticism following these comments. In April 2019, Boogie admitted to potentially committing tax fraud. He stated that he purchases Magic: The Gathering cards for his channel, writes them off as a business expense, and then resells them without claiming the income on his taxes.