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Catherine sat down with all of her income details from the past year to calculate the total income she had in that period. After she created a consolidated income statement, she deducted some tax-exempt
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4 votes
Catherine sat down with all of her income details from the past year to calculate the total income she had in that period. After she created a

consolidated income statement, she deducted some tax-exempt income details from the statement. What term would Catherine use for this final income calculation?

User Fede Mika
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2 Answers

4 votes

Answer:

Adjusted Gross Income

Step-by-step explanation:

It's the correct answer on the test

Catherine sat down with all of her income details from the past year to calculate-example-1
User Sam Gomena
by
6.7k points
6 votes

Answer:

Adjusted Gross Income

Step-by-step explanation:

User Tom Yeh
by
6.6k points
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