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-   -   Net Loss & Income (https://www.askmehelpdesk.com/showthread.php?t=225520)

  • Jun 10, 2008, 07:09 PM
    Semme
    Net Loss & Income
    Should income be added to net loss
  • Jun 10, 2008, 10:23 PM
    morgaine300
    If you have a net loss, you don't have any net income to add to it.

    Distinguish between gross revenue and net income/loss. Revenues less expenses = net income or net loss. Once you're to the net income/loss, you're done. There's nothing else to be done.

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