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Author Question: The body of the income statement consists of an itemized list of a. assets and liabilities. b. ... (Read 45 times)

moongchi

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on: Jul 5, 2018
The body of the income statement consists of an itemized list of
 a. assets and liabilities.
   b. assets and owner's equity.
   c. cash and revenues.
   d. revenues and expenses.

Question 2

Which of these businesses pays federal income taxes on its income?
 
  A) corporation
  B) partnership
  C) sole proprietorship
  D) Two of these are correct.


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firehawk60

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Reply #1 on: Jul 5, 2018
Answer to Question 1

d

Answer to Question 2

A


moongchi

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Reply 2 on: Jul 5, 2018
Great answer, keep it coming :)

jackie

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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