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The income statements of all corporations are in the same format. True or false? Discuss.
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The income statements of all corporations are in the same format. True or false? Discuss.

User Golo Roden
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4.3k points

2 Answers

3 votes

Answer:

False

Step-by-step explanation:

This is false because there are multiple types of statements. There are classified income statements, profit and lose income statement, and an operating statement.

User LoneRanger
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5.6k points
10 votes
the income statements of all corporations are in same format is true
User Mustafa Shabib
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4.3k points
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