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    In today's article, we’ll be looking at the income statement, which is the most deceptively simple of the major financial statements. I say simple because it’s just a list of all the revenue, minus all the expenses, to calculate what’s left over in profi
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    statement, which is the most deceptively simple of the major financial statements. I say simple because it’s just a list of all the revenue, minus all the expenses, to calculate what’s left over in prof
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    the major financial statements. I say simple because it’s just a list of all the revenue, minus all the expenses, to calculate what’s left over in prof
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    se it’s just a list of all the revenue, minus all the expenses, to calculate what’s left over in prof
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    he expenses, to calculate what’s left over in profit. It’s no more difficult than putting your family budget together, right?

    That’s where the deceptive part of the description comes in. The items on the income statement are easily manipulated by,

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