New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which financial statement reports a company’s

    revenues and expenses over a specific period of time?
    A Income statement Correct Answer Incorrect Answer
    B Balance sheet Correct Answer Incorrect Answer
    C Statement of cash flows Correct Answer Incorrect Answer
    D Statement of changes in equity Correct Answer Incorrect Answer

    Solution

    The income statement reports a company’s revenues and expenses over a specific period of time.

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