24. The statement that shows the performance of a business over a covered period * statement of changes in owner's equity etatomant of financial pesition

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter9: Accounting For Receivables
Section: Chapter Questions
Problem 17MC: Which statement is most directly affected by a change to net income? A. balance sheet B. income...
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24. The statement that shows the performance of a business over a covered
period *
statement of changes in owner's equity
O statement of financlal position
O income statement
O statement of cash flows
25. The statement that shows the changes in the capital account of the busine
owner.
Transcribed Image Text:Clear selecti 24. The statement that shows the performance of a business over a covered period * statement of changes in owner's equity O statement of financlal position O income statement O statement of cash flows 25. The statement that shows the changes in the capital account of the busine owner.
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