Identify which items belong on the income statement. multiple choice Accounts receivable, net income, and dividends Revenue, expenses and net income Cash, accounts receivable, and common stock Dividends, beginning retained earnings, ending retained earnings

Respuesta :

Items that belong in the income statement include:

  • Revenue, expenses and net income

The Income Statement

  • Is used to calculate the total income earned by a company in a given period.
  • Lists the revenue and expenses.

The net income will then be calculated by deducting the expenses from the revenue.

In conclusion, the income statement shows revenue, expenses, and income.

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