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Shivam's New Company Has About $800,000, but Shivam Is Nervous

Question 81

Multiple Choice

Shivam's new company has about $800,000, but Shivam is nervous because all of that money is either from investors or bank loans. The company hasn't actually made any money from operations yet. Which of the following displays whether they made money or not?


A) expense statement
B) revenue report
C) balance sheet
D) income statement

Correct Answer:

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