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The first step in preparing an income statement is to
• A. gather information on sales and income
• B. report service revenue, sales, and professional fees
C. add revenue and expenses to determine net income
• D. report mortgage payments, utilities, and service supplies
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Respuesta :

Justin78906

Answer:

The answer is B. report service revenue, sales, and professional fees

Explanation:

  • Pick a Reporting Period. The first step in preparing an income statement is to choose the reporting period your report will cover.

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