If a business had a net loss for the year, where would the net loss be reported

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If a business had a net loss for the year, where would the net loss be reported on the worksheet?

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Horngrens Financial and Managerial Accounting

ISBN: 978-0133255584

4th Edition

Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura

Question Posted: Apr 03, 2015 09:43 AM

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If a business had a net loss for the year, where would the net loss be reported

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The net loss amount should be entered in the credit column of the income statement to ba...View the full answer

Horngrens Financial and Managerial Accounting

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