Question

The revenues and expenses of a company are displayed in which statement? 

A Balance Sheet Correct Answer Incorrect Answer
B Cash Flow Statement Correct Answer Incorrect Answer
C Income Statement Correct Answer Incorrect Answer
D None of the above Correct Answer Incorrect Answer

Solution

The revenues and expenses of a company are displayed in the income statement. The income statement is a financial statement that shows the company's revenues, expenses, and profits or losses over a period of time. The income statement is one of the three main financial statements, along with the balance sheet and the cash flow statement.

Practice Next

Relevant for Exams:

×
×