Financial Accounting – Income Statement financial accounting

Finally, i understand

Thank you so much professor for this video !

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Why is operating expense an asset? Why group it w revenue

Awesome!👏
Income Statement or Statement of Comprehensive Income has two formats: single-step and multi-step. On above it's a single step which are listing down all revenues and listing down all expenses to get the net income, or in other words "revenues-expenses= net income. While multi-step that is from below. It has details or information of revenues and expenses rather than single-step. Thank you so much! On your video, I have lot of information that I have learned. ❤️🤗

well explained and easily to understand thank you sir

Im only finding out about this channel 1 day before my accounting exam

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good teacher just took me minutes to understand🤔🤔

thank you so much ! you're great ! please do one on ratio of liabilities to owners equity !

i can hardly hear it

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thank You Sir

are equipments considered an expense?