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The Income Statement ( reports changes in cash resources over a period of time (I reports changes in wealth at a point in time )
The Income Statement
( reports changes in cash resources over a period of time
(I reports changes in wealth at a point in time
) summarizes revenues & expenses incurred over a period of time
( summarizes revenues & expenses incurred at a point in time
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Financial Accounting Theory
Authors: Craig Deegan
2nd Edition
0077126734, 978-0077126735
