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I am looking for detailed answers to the questions mentioned in the picture. It's related to Clean Surplus Accounting. Java City (2) selling price cost
I am looking for detailed answers to the questions mentioned in the picture. It's related to Clean Surplus Accounting.
Java City (2) selling price cost withdrawal purchases (units) inventory (units) Inventory (SS) cash _l_ calculate value created by this business create an income statement sales CGS $2.76 Sl_oo $41 _26 60 I-Mar 10 $10.00 $20.00 S30_oo 31-Mar 6 ss_oo $80.00 (3) what is the purpose of the income statement? (4) does the a ternative income statement capture value added? is the owner indifferent between the two income statements? pur chases sales (SS) labor cost for peak sales 5221 2S (S) you are the owner of two identical Java Cities; are both NI numbers equally reliable? sales (SS) labor cost for peak sales 5221 2S
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