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Income Statement (Expenses can be classified into 4 headings (3. (Example)…
Income Statement
Expenses can be classified into 4 headings
3.
Example
4.
Example
2.
Example
1.
Example
Income Statement Consists of 2 Parts
1.
2.
Expenses Definition
Gross Profit is...
Net Profit is ......
Capital Expenditure
Current Expenditure
Depreciation is
Carriage In
Carriage Out