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What is the purpose of the first part of the income statement? The purpose of the first part of the income statement is to analyze all the element...

What is the purpose of the first part of the income statement?

The purpose of the first part of the income statement is to analyze all the elements that go into the sale of goods to determine the profit or loss on sales.
The purpose of the first part of the income statement is to analyze all the elements that go into the purchase of goods to determine the profit or loss on sales.
The purpose of the first part of the income statement is to analyze all the elements that go into the sale of goods to determine the profit or loss on purchases.

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Rogeria Carolino


The purpose of the first part of the income statement is to analyze all the elements that go into the sale of goods to determine the profit or loss on sales.

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