A financial statement that summarizes revenue and expense for a specified period is the

balance sheet
statement of retained earnings
income statement
trial balance

income statement

Rationale: Income or profit and loss statement.

Health Professions

You might also like to view...

Mary's total protein is 7.5 g/dL and her albumin is 4.2 g/dL. What is her A/G ratio?

A. 1.1 B. 1.3 C. 1.5 D. 1.8

View
Health Professions

Illegal drugs can come in tablets, vials, packets, and dried leaves

Indicate whether this statement is true or false.

View
Health Professions