The income statement in which the total of all expenses is deducted from the total of all

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The income statement in which the total of all expenses is deducted from the total of all revenues is termed the:

a. multiple-step form.

b. single-step form.

c. account form.

d. report form.

AppendixLO1

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Corporate Financial Accounting

ISBN: 9781337398176

15th Edition

Authors: Carl Warren, Jefferson Jones

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