Question: You just finished the work sheet for the third quarter and it looks like your company will make a considerable profit. In the second quarter,

You just finished the work sheet for the third quarter and it looks like your company will make a considerable profit. In the second quarter, the company had a net loss. On a separate sheet of paper, write a memo to your boss, Tonya Newman, asking her to review your trial balance and work sheet. Use the terms listed below in your memo.

matching principle net income net loss ruling work sheet

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