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Other Fields Homework Help Accounting Topic started by: Fast2F on Jun 5, 2017



Title: Net income or net loss for a period is calculated by the following formula:
Post by: Fast2F on Jun 5, 2017
Net income or net loss for a period is calculated by the following formula:
A) total revenues - total expenses + capital.
B) total revenues - total expenses - total withdrawals + assets.
C) total revenues - total expenses.
D) total revenues - total liabilities.


Title: Re: Net income or net loss for a period is calculated by the following formula:
Post by: keytwo on Jun 5, 2017
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