JohnBradley313 JohnBradley313
  • 19-03-2019
  • Business
contestada

Andy is preparing the company's income statement. His first line item is the company's service revenue. What will he deduct from this line item to obtain the net income?

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MsTeel
MsTeel MsTeel
  • 20-03-2019

He will deduct total expenses.

Net income = total sales - total expenses

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