Why is the multi-step income statement generally accepted, Financial Accounting

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Why is the multi-step income statement generally accepted

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There are several income statemente formats, but why is the multi-step income statement generally accepted as the best format?

The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.

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Financial Accounting: Why is the multi-step income statement generally accepted

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