​____ and ____ Are the Normal Income Statement Designations for Profit

question 9

Multiple Choice

​____ and ____ are the normal income statement designations for profit and loss for a business.

• A) ​Cash surplus;cash deficit
• B) ​Income overage;income deficit
• C) ​Surplus;deficit
• D) ​Gain;loss

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Definitions:

Schnoodle

A breed of dog that is a cross between a Schnauzer and a Poodle, known for its friendly disposition and hypoallergenic coat.

Labradoodle

A hybrid breed of dog created by crossing a Labrador Retriever and a Poodle, known for its friendly nature and hypoallergenic coat.

Video Recorder

An electronic device that records video in a digital or analog form.

Aluminum Foil

A thin sheet of aluminum material used commonly for packaging, insulation, and cooking.