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Which of the following does the income statement disclose? net earnings (net income) of a firm at a point in time. resources and equities of

Which of the following does the income statement disclose?

net earnings (net income) of a firm at a point in time.

resources and equities of a firm for a period of time.

net earnings (net income) of a firm for a period of time.

resources and equities of a firm at a point in time.

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