Which of the Following Amounts Appears on Both the Income

question 35

Multiple Choice

Which of the following amounts appears on both the income statement and statement of owner's equity?

• A) Ending capital
• B) Total revenues
• C) Net income
• D) Drawings

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Definitions:

Montessori

An educational approach based on self-directed activity, hands-on learning, and collaborative play, developed by Maria Montessori.

Creative Expression

Creative expression signifies the use of artistic activities to convey one's thoughts, feelings, or ideas, often contributing to personal and psychological development.

Individual Achievement

The accomplishments or successes achieved by a person through personal effort, skill, or ability, often measured in academic, professional, or personal contexts.

Development of Math Skills

The progressive acquisition and understanding of mathematical concepts, operations, and problem-solving techniques.