Account for business transactions and the fundamental concept of debits and credits

Pick a large company that does business in your community and view their financial results. For the most recent year, list the amounts reported for sales, cost of goods sold, and total net income. Does the amount reported for revenue represent cash received from customers during the year? If not, what does it represent? Is your company a profitable company? How can you tell?

FYI: Please see below my company choice

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The Large company in my area I choose to pick is Philadelphia Gas Works (PGW). I would like my topic to be used for this company. If that is a problem you can use Peco energy that is an electric company in Philadelphia on 2301 Market street. Either one of these to company’s will be great

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