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Home > Business & Careers > Accounting   »   Income Statement Issue

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Old Jul 3, 2007, 10:32 PM
jetacct
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Income Statement Issue
I am working on an accounting project and on my income statement my gross income is negative. What can I change to make that number positive?

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Old Jul 4, 2007, 11:28 AM   #2  
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If cost of goods sold is greater than net sales, then that will always give you a negative amount for gross profit, and you can’t change that.

Business’ do not always make a net income, sometimes they have a net loss.
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Old Jul 4, 2007, 06:55 PM   #3  
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i agree to CaptainForest. you cant, make it a positive number. a dr. on income can only mean a loss. in doing business you dont alwats make a profit.
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