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    malak25's Avatar
    malak25 Posts: 8, Reputation: 1
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    #1

    Apr 26, 2008, 04:29 PM
    Net Income or Net LOss
    How do you determine Net Income or Net Loss from a worksheet?
    delite's Avatar
    delite Posts: 202, Reputation: 3
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    #2

    Apr 28, 2008, 09:14 PM
    The worksheet is a recap of transactions occurring in a specific time frame. The data is broken out p/l items- current income and expenses ;and he same is done over a given time ,assets and liabilities and of cours the equity of the company.things will balance out once imputs made and is acurate from the source docuements.
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