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CHAPTER 15

CHAPTER 15. Financial Statements for a Corporation Benchmark 7 Financial reporting is a critical outcome of accounting. Gap, Inc. p. 445. Quickly read 3 paragraphs #1 Should a single set of financial statements be prepared for Gap or should financial statements be prepared for each brand?.

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LESSON 7-1

LESSON 7-1. Preparing an Income Statement. HEADING OF AN INCOME STATEMENT. page 182. 1. 2. 3. 1. Center the name of the company on the first line. 2. Center the name of the report on the second line. 3. Center the date of the report on the third line. Single line. 7. Revenue. 1.

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LESSON 4-2

LESSON 4-2. Interim Departmental Statement of Gross Profit. 1. 2. 3. 4. 5. 6. 7. ESTIMATING ENDING MERCHANDISE INVENTORY. page 94. 1. List beginning inventory. 5. Calculate estimated gross profit. 2. Determine net purchases. 6. Calculate the estimated cost of merchandise sold.

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Component percentage - PowerPoint PPT Presentation

CHAPTER 15

LESSON 7-1

LESSON 4-2