This form gets you to focus on how much of each sales dollar makes it to the bottom line of the income statement. Our form explains why the bottom line of a sole proprietorship's income statement is different from a corporation's.
This form gets you to focus on how much of each sales dollar makes it to the bottom line of the income statement. Our form explains why the bottom line of a sole proprietorship's income statement is different from a corporation's.
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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.