The financial statement that shows business results in terms of Revenue and Expenses is:
A) Customer Statement.
B) a balance sheet.
C) a statement of Owner's Equity.
D) None of the above.

Question

Quizplus · Accepted Answer

The financial statement specifically designed to show business results in terms of Revenue and Expenses is the Income Statement, which is not listed among the options provided.

The Financial Statement That Shows Business Results in Terms of Revenue