Accountıng I Deneme Sınavı Sorusu #1313761
Which one of the following is recorded on the top of income statement?
|
Costs of goods sold |
|
Sales revenue |
|
Expenses |
|
Gross profit |
|
Income before tax |
Yanıt Açıklaması:
During the operating cycle, companies generate revenues which is called the “Sales Revenue” and this item is recorded on the top of income statement to be the basis for net income.
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