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Complete an Income Statement, Statement
Question
Income and expenses are found on a _____. (1 point) Responses budget budget income statement income statement expense
1 answer
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The net income or net loss is calculated on the __________.
balance sheet statement of owner's equity income statement None of
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asked by
Angela
671 views
What is an income statement?
A statement of sales over time compared to COGS at any point of time A list of all income A
1 answer
52 views
What is an income statement?
A statement that compares revenues to expenses and presents the net income (or loss) from a period
1 answer
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What should you do before you complete your net worth statement?(1 point)
Responses Redistribute the investments in your
1 answer
asked by
korinthia
181 views
Why would you complete a new net worth statement every year at about the same time?
(1 point) to gain the information you need to
1 answer
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The financial statement that shows the effect of net income and owner withdrawals on the onwer's interest in the business. is
1 answer
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Which is true about an income statement and a balance sheet?
All of these answers are correct. Unpaid items listed as expanses on
1 answer
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1)utilities expense, 2)accounts payable, 3)commissions,4)capital, 5)withdrawals.where do they appear? income statement or
1 answer
asked by
anonymous
1,224 views
Which of the following are considered a financial statement. (Choose all that apply) Responses Balance Sheet Balance Sheet
1 answer
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