Tài chính doanh nghiệpCâu 1141 / 1605
Which statement summarizes revenues and expenses over a PERIOD of time to show profit or loss?
a.Trial balance
b.Balance sheet
c.Income statement (profit and loss statement)
d.Statement of retained earnings only
Giải thích
The income statement, also called the profit and loss (P&L) statement, reports revenues minus expenses over a period (a month, quarter, or year) to show net profit or loss. The balance sheet, by contrast, is a point-in-time snapshot.
Luyện miễn phí toàn bộ 1605 câu hỏi — không cần đăng ký.
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Sen Lin, Người sáng lập PrepPass · Đối chiếu với California CSLB Contractor License Law & Business Exam · Quy trình kiểm tra
Người kiểm duyệt Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — kiểm tra)