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3 Tutorials that teach Expanded Income Statement
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Expanded Income Statement

Expanded Income Statement

Author: Virginia Coco
Description:

In this lesson, the student will learn about the expanded income statement.

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Tutorial

Notes on "Expanded Income Statement"

Terms to Know

Revenue

Earnings from interest or from the sale of goods or services.

Expenses

Costs associated with operating or maintaining a company.

Sale

The selling of inventory by a merchandising business.

Purchase

The buying of inventory for resale to customers, or assets such as supplies or equipment, for cash or credit.

 

Source: All images created by Virginia Coco