Question: Choose the response that correctly lists items reported on the income statement of a business: Assets, liabilities, and equity. Operation, investment, and financing. Revenue, expenses,
Choose the response that correctly lists items reported on the income statement of a business: Assets, liabilities, and equity. Operation, investment, and financing. Revenue, expenses, and profits. Cash and cash equivalents entering and leaving the business accounts. Mark for follow up Question 28 of 35. All taxpayers claiming automobile expenses, whether they're using the standard mileage rate or actual expenses, will need all of the following, EXCEPT: A business mileage log, including information about the purpose of the trip. Their commuting miles, stated separately from other miles. Receipts for their gas purchases and automobile maintenance. The total miles that they drove during the year
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