中国大学MOOC: The income statement displays revenues earned and expenses incurred over a specified period of time due to earnings activities.
举一反三
- The income statement reports all of the following except () A: Revenues earned by a business. B: Expenses incurred by a business. C: Assets owned by a business. D: Net income or loss earned by a business.
- Which financial statement reports revenues and expenses?( )。 A: Statement of Retained Earnings B: Income Statement C: Statement of Cash Flows D: Balance Sheet
- Which accounts appear on which financial statement? A: Balance sheet: Receivables, land, payablesIncome statement: Revenues, supplies B: Balance sheet: Cash, revenues, landIncome statement: Expenses, payables C: Balance sheet: Cash, receivables, payables Income statement: Revenues, expenses D: Balance sheet: Expenses, payables, cash Income statement: Revenues, receivables, land
- A firm's ________ reports the profit or loss for the firm over a specified time period. A: income statement B: balance sheet C: statement of cash flows D: bank statement
- 中国大学MOOC: The statement of cash flows identifies cash flows separated into operating, investing, and financing activities over a period of time.