The amount of net income is transferred from ________ to ________

A) the income statement; the statement of retained earnings
B) the balance sheet; the statement of cash flows
C) the balance sheet; the income statement
D) the income statement; the statement of expenditures

A

Business

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All of the following are personal property, except:

a. promissory notes b. easements c. leases d. trade fixtures

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Which of the following is a major type of foreign investment risk that is insurable through government-backed programs?

A. Lack of funds B. Risk of transaction loss C. Poor strategic tie-ups D. Risks of expropriation E. Losses due to natural calamities

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