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  3. 1. prepare an income statement from a list of acco

1. Prepare an income statement from a list of accounts. 2. After entering the formula...

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Accounting

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1. Prepare an income statement from a list of accounts. 2. After entering the formula in cell C42, use the Excel IF function to label cell B42 as either "Net Income" or "Net Loss" as appropriate based on the value calculated in cell C42

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