Because income is always supposed to be the difference between sales revenue and expenses, a term such

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Because income is always supposed to be the difference between sales revenue and expenses, a term such as “sales income” [is / is not] a misleading term. However, it is sometimes used.

A PACKAGE OF ACCOUNTING REPORTS

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Essentials Of Accounting

ISBN: 9780273771463

11th International Edition

Authors: Leslie K. Breitner

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