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Which of these statements is true? The income statement shows the amount of cash collected from customers during an accounting period. The income statement shows

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Which of these statements is true? The income statement shows the amount of cash collected from customers during an accounting period. The income statement shows the amount of retained earnings that a company has earned since it began business. The income statement shows the amount of revenues that will be carned in future accounting periods as cash is collected from customers. The income statement shows the amount of cash collected from customers but not yet earned during an accounting period. O None of the above

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