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The income statement shows the amount of profits earned based on any one given day. True or false?.
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29 votes
29 votes
The income statement shows the amount of profits earned based on any one given day. True or false?.

User Cilap
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1 Answer

15 votes
15 votes

Answer:

False

Step-by-step explanation:

The income statement shows the amount of profits earned at the end of the financial year

User Mark Jin
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