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SCORPION-xisa [38]
1 year ago
7

1. prepare income statements for both garcon company and pepper company. 2. prepare the current assets section of the balance sh

eet for each company.
Business
1 answer:
vagabundo [1.1K]1 year ago
8 0

There are three main parts of income statements and they are:

  1. Revenue
  2. Expenses
  3. Profit

<h3>What is an Income Statement?</h3>

This refers to the profit and loss account of a company that shows the expenses and revenue for a particular company.

Hence, we can see that a sample income statement would be:

BOSKA COMPANY

Income statement for August 29, 2021

NET SALES------------------ $2,000,000

GROSS SALES-------------$500,000

GROSS PROFIT-------------$1,5000,000

Read more about income statements here:

brainly.com/question/24498019

#SPJ1

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Consider the market for labor depicted by the demand and supply curves that follow. Use the calculator to help you answer the fo
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Answer:

Suppose a senator considers introducing a bill to legislate a minimum hourly wage of $12.50.

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This will result in a surplus of labor (625,000 higher than 375,000)

Which of the following statements are true?

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Suppose that firm a dislikes hiring black accountants, while firm b is happy to hire them. so ted ends up working at firm b rath
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Which of the terms below is often used in addition to the words "writing" and "record", and thus recognizes that UCC contracts a
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