Use this form if your manufacturing corporation wants to see its gross profit as well as its net income. Our form also includes the formula for calculating the cost of goods sold. Having a professional-looking income statement (P&L) is easy with this form from AccountingCoach.com.
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For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.
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