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Home > Business & Careers > Accounting   »   accrual accounting

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Old Jan 10, 2008, 12:32 PM
plm1964
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accrual accounting
in my homework assignment i have to calculate net income using the accrual accounting and i don't know where to beging

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Old Jan 12, 2008, 10:30 AM   #2  
pready
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Net Income is Revenues minus Expenses.

To get Net Income do an Income Statement, either Single-Step or Multiple-Step format.
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