The Net Income Appears as a Separate Line Item on What

question 63

Multiple Choice

The Net Income appears as a separate line item on what two statements?

• A)the statement of owner's equity and the income statement
• B)the trial balance and the income statement
• C)the income statement and the balance sheet
• D)the statement of owner's equity and the balance sheet

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Definitions:

Homicide

The act of killing another person, whether lawfully or unlawfully.

Suicide

The intentional termination of one's own existence.

Cataracts

A medical condition in which the lens of the eye becomes progressively opaque, resulting in blurred vision.

Glaucoma

A condition involving abnormally high fluid pressure in the eye.