Question: How would a multi - step income statement for external purposes differ from one for internal reporting? ( Check all that apply ) Multiple select
How would a multistep income statement for external purposes differ from one for internal reporting? Check all that apply
Multiple select question.
The net sales is shown as one line without the detailed calculation.
The expenses would be shown by nature.
Profit would be different.
The gross profit would be different.
The rent revenue would be grouped with net sales. answer give
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