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  3. Study Set
    Accounting Information for Business Decisions
  4. Exam
    Exam 7: The Income Statement: Content and Use
  5. Question
    The Income Statement Reports
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The Income Statement Reports

Question 40

Question 40

Multiple Choice

The income statement reports:


A) revenues, expenses, and net income.
B) assets, liabilities, and owner's equity.
C) revenues, liabilities, and assets.
D) expenses, cash, and owner's equity.

Correct Answer:

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