question 11\n5 points\nan income statement includes:\na savings, surplus, and profit or loss.\nb net worth…

question 11\n5 points\nan income statement includes:\na savings, surplus, and profit or loss.\nb net worth, surplus, and profit or loss.\nc expenses, net worth, and cash surplus or deficit.\nd income, expenses, and cash surplus or deficit.\ne income, liabilities, and net worth.

question 11\n5 points\nan income statement includes:\na savings, surplus, and profit or loss.\nb net worth, surplus, and profit or loss.\nc expenses, net worth, and cash surplus or deficit.\nd income, expenses, and cash surplus or deficit.\ne income, liabilities, and net worth.

Answer

Answer:

D. income, expenses, and cash surplus or deficit.

Brief Explanations:

An income statement shows revenues (income), expenses, and resulting profit or loss (cash surplus or deficit). It does not include net - worth, savings, or liabilities.