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Income Statement In The Financial Statements ( Part 3)
Published by slang March 22nd, 2007 in Financial StatementsPart 1 dealt with what’s comprises the financial statement and Part 2 looks at the Balance Sheet and its component.
This Part 3 looks at a further document of the financial statement which is the Income Statement and its components:-
(A) What is An Income Statement
(B) What is In The Income Statement- Net Sales –Cost of Goods =Gross Margin
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