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    Financial Accounting Tools Study Set 4
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    Exam 1: Introduction to Financial Statements
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    To Show How Successfully Your Business Performed During a Period
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To Show How Successfully Your Business Performed During a Period

Question 70

Question 70

Multiple Choice

To show how successfully your business performed during a period of time, you would report its revenues and expenses in the


A) balance sheet.
B) income statement.
C) statement of cash flows.
D) retained earnings statement.

Correct Answer:

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