jetacct
Jul 3, 2007, 11:32 PM
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?
jetacct Jul 3, 2007, 11:32 PM 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? CaptainForest Jul 4, 2007, 12:28 PM 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. bhet Jul 4, 2007, 07:55 PM 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. Copyright ©2005-, Ask Me Help Desk
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