If you are given a document that summarizes the revenue and expenses of an organization, which document do you have?
A) balance sheet
B) income statement
C) cash flow statement

Name: If you are given a document that summarizes the revenue and expenses of an organization, which document do you have? A) balance sheet B) income statement C) cash flow statement
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Question

Quizplus · Accepted Answer

An income statement summarizes the revenue and expenses of an organization over a period of time.

If You Are Given a Document That Summarizes the Revenue