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A statement of income reports the assets, liabilities, and shareholders equity at a specific date. reports the revenues and expenses for a specific period of

A statement of income

reports the assets, liabilities, and shareholders equity at a specific date.

reports the revenues and expenses for a specific period of time.

reports the changes in assets, liabilities, and shareholders equity over a period of time.

summarizes the changes in retained earnings for a specific period of time.

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