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38 votes
38 votes
How to fill out an income summary

User Alexandr Zarubkin
by
2.4k points

1 Answer

21 votes
21 votes

Answer: Pick a Reporting Period. ...

Generate a Trial Balance Report. ...

Calculate Your Revenue. ...

Determine the Cost of Goods Sold. ...

Calculate the Gross Margin. ...

Include Operating Expenses. ...

Calculate Your Income. ...

Include Income Taxes.

User Andrew Hanson
by
3.3k points