question 2 out of 2\nthe income statement includes\nnet worth, surplus, income or expenditures.\nincome…

question 2 out of 2\nthe income statement includes\nnet worth, surplus, income or expenditures.\nincome, liabilities, net worth.\nincome, expenditures, surplus or deficit.\nexpenditures, net worth, surplus or deficit.\nsubmit

question 2 out of 2\nthe income statement includes\nnet worth, surplus, income or expenditures.\nincome, liabilities, net worth.\nincome, expenditures, surplus or deficit.\nexpenditures, net worth, surplus or deficit.\nsubmit

Answer

Brief Explanations:

An income statement shows a company's revenues (income), expenses (expenditures), and the resulting surplus (profit) or deficit (loss). Net - worth is related to the balance sheet and liabilities are also a balance - sheet item.

Answer:

C. income, expenditures, surplus or deficit