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  • With multi step income statement this separation in financial reporting, you can analyze ongoing business operations separately from non-operating items. The third step in preparing a multi-step income statement involves identifying and recording non-operating revenues and expenses. This phase is crucial for determining the total income before taxes, providing a comprehensive view of a company’s…

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    Canadian Prime Minister Justin Trudeau has officially announced that he will be getting a divorce from his wife of 18 years, Sophie Trudeau. According to reports, the split is mutual. Thankfully, the Prime Minister won’t be dealing with a lengthy or contested battle because the PM’s office has already confirmed that both parties have signed…

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