Which of the following statements are true?* a) The first section of the income statement for a trading business shows the buying and selling of goods. ) b) The first section of the income statement for a trading business shows net profit. c) The first section of the income statement for a trading business shows the tax expense. > d) None of the above.
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Answer:
a) The first section of the income statement for a trading business shows the buying and selling of goods.
THIS IS THE CORRECT ONE
Explanation:
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