2 years ago

1) What are the two types of income? What are the differences between the two?

1 answer:

OverLord2011 [107]2 years ago

5 0

Answer:

There are two types of income statements: single-step income statement, in which there are no sub-totals such as gross profit, operating income, earnings before taxes, etc.; and multi-step income statement, in which similar expenses are grouped together and intermediate figures such as gross profit, operating income,

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