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Logical reasoning is a core capability for large language models (LLMs), yet existing benchmarks that rely solely on final-answer accuracy fail to capture the quality of the reasoning process. To address this, we introduce FineLogic, a fine-grained evaluation framework that assesses logical reasoning across three dimensions: overall accuracy, stepwise soundness, and representation-level probing. Leveraging this framework, we conduct a comprehensive study on how different supervision formats in fine-tuning shape reasoning abilities. We fine-tune LLMs on four supervision styles—one in natural language and three symbolic variants—and find a key trade-off: natural language supervision excels at generalization to out-of-distribution and long-chain problems, whereas symbolic supervision is superior at instilling structurally sound, atomic reasoning steps. Furthermore, our probing analysis indicates that fine-tuning primarily refines the model’s step-by-step generation process, rather than improving its ability to converge on an answer early. Together, our framework and analysis provide a more rigorous lens for evaluating and improving logical reasoning in LLMs. The code is available at https://github.com/YujunZhou/FineLogic.