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Income statements for revenues and expenses

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An income statement is a summary of revenues and expenses and gains and losses, ending with net income for a specific period of time. Indicate the two traditional forms for presenting the income statement? Which of these formats is preferable for analysis?

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Solution Summary

Your tutorial gives you an example of both formats, along with ideas about why one is more helpful.

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i have provided herewith solution to your posting in attached file Excel format in the ...

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