If given the changes in the accounts for the year like, cash, a/p, inventory, etc how do u compute the net income from this information?
![]() |
If given the changes in the accounts for the year like, cash, a/p, inventory, etc how do u compute the net income from this information?
Net income is revenues less expenses, so changes in the accounts you names can't determine it.
All times are GMT -7. The time now is 11:04 AM. |