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Net income on profit and loss does not equal assets minus liabilities from month to month-difference being any sales tax collected during the month. i.e.
Net income on profit and loss does not equal assets minus liabilities from month to month-difference being any sales tax collected during the month. i.e. sales tax is not showing up on profit and loss and/or should not be showing up on balance sheet. I am using QB Pro 2007 on cash basis. Thank you
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Survey of Accounting
Authors: Thomas P. Edmonds, Frances M. McNair, Philip R. Olds, Bor Yi
3rd Edition
978-1259683794, 77490835, 1259683796, 9780077490836, 978-0078110856
