Accountıng I Deneme Sınavı Sorusu #1313593

Which of the following reports the revenues and expenses and resulting net income or loss of a company for a specific period of time?


owner’s equity statement

income statement

balance sheet

statement of cash flows

financial transactions


Yanıt Açıklaması:

Income statement reports the revenues and expenses and resulting net income or loss of a company for a specific period of time.

The correct answer is B.

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