Which of the following represents the components of the income statement for a service business?? LO07 A.

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Which of the following represents the components of the income statement for a service business?? LO07 A. Sales Revenue – Cost of Goods Sold = gross profit B. Service Revenue – Operating Expenses = operating income C. Sales Revenue – Cost of Goods Manufactured = gross profit D. Service Revenue – Cost of Goods Purchased = gross profit

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Principles Of Accounting Managerial Accounting Volume 2

ISBN: 9781947172609

1st Edition

Authors: Patty Graybeal, Mitchell Franklin, Dixon Cooper

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