Question
The information shown in the table was taken from the work
sheet of Graff Home Repairs. On which statement or statements will the
net income (or net loss) amount appear?
Total
Assets Total
Liabilities Capital Withdrawals Revenue Expenses
$34,819 $2,499 $32,000 $1,000 $3,230 $1,910
sheet of Graff Home Repairs. On which statement or statements will the
net income (or net loss) amount appear?
Total
Assets Total
Liabilities Capital Withdrawals Revenue Expenses
$34,819 $2,499 $32,000 $1,000 $3,230 $1,910
Answers
GPT 3.5
The net income (or net loss) amount will appear on the statement of revenue and expenses.