Answer Posted / rekha bai
The income statement, which is sometimes called the statement of earnings or statement of operations, is prepared first. income statement is prepared to know the income of the business,income statement is a statement which is prepared to find out net income. the income is available to the share holders.
Is This Answer Correct ? | 0 Yes | 3 No |
Post New Answer View All Answers
what is consignment entry?
Do you know in accounting, vat abbreviates what?
Explain a time when you have not met your goal?
What is a ledger?
Do you know public accounting?
Do you know partitioning in accounting?
what is the difference between cash book(cash coloumn) and cash book(bank coloumn)?
kindly send the TDS tariff on Security expenses, rents, transport charges etc.,
What are the effects when intangibles and tangible assests decrease
how many types of currencies are there in oracle r12
Why do users of accounting information need accounting information?
audit under section and penalty under saction scurtiny under saction
What are mis reports and how do you prepare it?
The main financial accounting statements?
Do you know balancing in accounting?