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Part of Income Statement (pp. 192-195) Answers 1. Date of the income statement (_) 2. Heading of Expenses section (_) 3. Statement name (_) 4.
Part of Income Statement (pp. 192-195) Answers 1. Date of the income statement (_) 2. Heading of Expenses section (_) 3. Statement name (_) 4. Expense account titles (_) 5. Expense account balances (_) 6. The amount of net income or loss (_) 7. Heading of Revenue section (_) 8. Net income ratio (or return on sales) (_) 9. Revenue account title (_) 10. Words Total Expenses (_) 11. Business name (_) 12. Total amount of revenue (_) 13. Total amount of expenses (_) 14. Words Net Income or Net Loss (_) 15. Total expenses ratio (_)
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