Income Statements

Match it! Select the correct answer from the pull down...Good luck!

This section works out the cost of the goods you sold

Where your stock may be stored would be described as

All accounts must start with

The stock you have at the end of the year is called

When cost of sales is greater than net sales, this means the company

Net sales is calculated by

Term used to describe money received from goods sold.

Cost of inventory available for sale is calculated by