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For the year ended december 31 2015.
Income statement example of a statement. As compared to a single step income statement a multi step income statement examples are more complex. Multi step statement of income. Would have the following heading. The company has generated revenue of 180 000 by selling materials.
Take a look at the p l and then read a break down of it below. A real example of an income statement. Example 2 multi step income statement. Statement of income example 4.
Paul s guitar shop inc. Material international ltd started its business on 1 st january 2018. The cost of goods sold of the material is 100 000. For example an annual income statement issued by paul s guitar shop inc.
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