Multiple Select Question

Seiect all that apply

Which are $3$ common misconceptions users of an income statement may have? $($Select all that apply.$)$

Net income

equals Cash.

Net income does not report all changes of value that occurred during the accounsing period.

Net income does not inckide estimates.

Net Income does not equal Cash.

Net income includes estimates.

Net income reports all changes of value thst occurred during the accounting period.