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What Is An Income Statement?
An income statement helps business owners decide whether they can generate profit by increasing revenues, by decreasing costs, or both. It also shows the effectiveness of the strategies that the business set at the beginning of a financial period. The…
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Is Computer Software a Good or a Service?
Goods or Services? Understanding the Classification of Computer Software under GST Introduction: The classification of computer software as either a good or a service has been a contentious issue for businesses since the service tax regime. However, the Goods and…
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