Current year accounting -the profit and loss statement shows the highest cost of goods sold. Gross margin and net income lower to -balance sheet. Displays the inventory price low to low asset total to .
Current year - income statement shows the cost of sales, gross profit and net income to low. - The balance sheet shows inventory low. Low to total assets
Installment account current year - income statement shows the cost of sales, gross margin, high and low net profit to - balance sheet shows outstanding prices low. Total assets less .