Kate's banker would like to know the profit of her business from January 1st through December 31.She should show him the _______.

Name: Kate's banker would like to know the profit of her business from January 1st through December 31.She should show him the _______.
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Question

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The income statement shows a company's revenue and expenses for a specific period, typically a month or a year. It's used to determine the profitability of the business during that time frame.

Kate's Banker Would Like to Know the Profit of Her