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The Complete Idiot's Guide® To Accounting by Lita Epstein, Shellie L. Moore

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Your Chart of Accounts Profit and Loss Statement

You’ve now built your chart of accounts for the P&L statement. Here’s what this part of the chart of accounts looks like:
Income
035
Cost of Sales
036
Expenses
037
038
Add this to your balance sheet portion of the chart of accounts and you are ready to go. Now we’ll look at how this becomes the general ledger ...

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