Multiple Choice
Which of the following statements is NOT correct about the financial statements?
A) An income statement reports revenues,expenses,and net income information.
B) The statement of stockholders' equity presents common stock,dividends,and retained earnings information.
C) A balance sheet reports assets,liabilities,revenues,and expenses.
D) The statement of cash flows shows cash inflows and outflows from operating,financing,and investing activities.
Correct Answer:
Verified
Correct Answer:
Verified
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