Answer Posted / senthilandavar
yes
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WHY LOSS IN BUSINESS IS SHOWN IN ASSETS SIDE OF BALANCE SHEET? WHY EXCISE DUTY IS DEDUCTED FROM THE GROSS SALES TO ARRIVE NET SALES? WHY SALES TAX IS NOT DEDUCTED FROM SALES TO ARRIVE NET SALES?
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EXPAND___________NBFCS
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what happens to each of the three primary financial statements when gross margin decreases?
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