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If you want to know whether a company had a profit or a loss during a specific period of time, which financial statement would be most helpful?

A.
Statement of owners' equity
B.
Cash flow statement
C.
Balance sheet
D.
Income statement

2 Answers

2 votes

Answer:

D. income statement

Step-by-step explanation:

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User Ralokt
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4 votes

Answer:

The answer is D. Income statement

Step-by-step explanation:

User JustinKSU
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