Fill in the Missing Line Items on the Income Statement

question 16

Essay

Fill in the missing line items on the Income Statement given. Include correct indentations, underlines, dates, and capitalization when needed.
Panache Manufacturing Income Statement
Year Ended March 31, 2019

Identify the financial statements used to analyze different financial facets of a business.

Recognize the importance and computation of financial ratios, specifically the liabilities to owner's equity ratio.

Understand the effects of financial transactions on the accounting equation.

Recognize the correct presentation of financial statements.

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Definitions:

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