Ask Question
17 November, 20:51

Andy is preparing the company's income statement. His first line item is the company's service revenue. What will he deduct from this line item to obtain the net income?

+1
Answers (1)
  1. 17 November, 20:59
    0
    He will deduct total expenses.

    Net income = total sales - total expenses
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Andy is preparing the company's income statement. His first line item is the company's service revenue. What will he deduct from this line ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers