Question: Daniel, Inc. earned $ 6 0 0 , 0 0 0 profit during 2 0 1 2 . On which financial statement ( s )
Daniel, Inc. earned $ profit during On which financial statements will you find the
dollar amount of the profit earned by the company?
Question options:
Balance sheet and income statement
Income statement only
Statement of retained earnings only
Income statement and statement of retained earnings
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