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    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.

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