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The income statement shows: The changes in the stock account and retained earnings during the period. Revenues earned and expenses incurred during the period. The changes in cash from the beginning to the end of the period. The assets, liabilities, and stockholders' equity at the end of the period. The balance sheet shows: The changes in stockholders' equity during the period. Assets, liabilities, and stockholders' equity at the end of the period. Net income or loss for the period. The change in cash from the beginning to the end of the period