If you are a corporation involved in retail or wholesale operations, this form will guide you to a professional income statement that displays the amount of gross profit. Our form includes a special section to assist you in computing the cost of goods sold. Learn as you fill in the required amounts.
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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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