Accountıng I Deneme Sınavı Sorusu #1313741

What time period does an income statement cover?


Income Statement is a financial document prapered  only quarter.

It can cover any period of time for which you want information, from a particular week to a span of multiple mounts.

Income Statement is a financial document prapered  only quarter.

Income Statement is a financial document that can cover any period of time for which you want information, from a particular week to a span of multiple years.

Income Statement is a financial document generated only monthly.


Yanıt Açıklaması:

Balance sheet reports the assets, liabilities and the owner’s equity in a specific date. In other words, balance sheet provides information about the financial position of the company.

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