Discuss how the income statement budget would be created for a year starting with the sales budget through the SG&A budget for the company . Be sure to:

• Be specific in describing the component line items of each
• Identify the individuals that would be involved in developing the budgets

Answer rating: 100% (QA)

Income statement basically reports all the revenue earned and the expenses incurred by the business and the profit earned In order to produce an incom... View the full answer