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    Semme's Avatar
    Semme Posts: 1, Reputation: 1
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    #1

    Jun 10, 2008, 07:09 PM
    Net Loss & Income
    Should income be added to net loss
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Jun 10, 2008, 10:23 PM
    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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