(BRAINLIEST + 100 POINTS)
This is for an accounting class and I need help quick. Please and much thank you!
The goal of this assignment is to analyze the income statement and match which letter goes where. Thanks my loves <3
Part of Income Statement (pp. 192-195)
Answers
1. Date of the income statement (_)
2. Heading of Expenses section (_)
3. Statement name (_)
4. Expense account titles (_)
5. Expense account balances (_)
6. The amount of net income or loss (_)
7. Heading of Revenue section (_)
8. Net income ratio (or return on sales) (_)
9. Revenue account title (_)
10. Words Total Expenses (_)
11. Business name (_)
12. Total amount of revenue (_)
13. Total amount of expenses (_)
14. Words Net Income or Net Loss (_)
15. Total expenses ratio (_)
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