1. Revenues are the amounts a company earns from providing goods or services to its customers. Expenses...

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1. Revenues are the amounts a company earns from providing goods or services to its customers.

Expenses are the costs to earn those revenues.

2. The four statements are: income statement, balance sheet, statement of changes in owner's equity, and statement of cash flows.

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Financial Accounting

ISBN: 9780131492011

1st Edition

Authors: Jane L. Reimers

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