I am confused on the set-up with the amount of information provided. There is not enough to go on. What do I do?
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I am confused on the set-up with the amount of information provided. There is not enough to go on. What do I do?
A single-step Income Statement will only have total sales or revenues minus total expenses to = Net Income. The acocunts are not listed invidually as in a multi-step Income Statement.
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