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What formula is conveyed in the income statement? A. Assets = Liabilities + Equity B. Net Income = Revenue - Expenses C. Current Assets +

What formula is conveyed in the income statement?
A.
Assets = Liabilities + Equity
B.
Net Income = Revenue - Expenses
C.
Current Assets + Long-Term Assets = Total Assets
D.
Beginning Equity + Net Income + Investments by Owner - Withdrawals = Ending Equity

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