Question: Daniel, Inc. earned $ 6 0 0 , 0 0 0 profit during 2 0 1 2 . On which financial statement ( s )

Daniel, Inc. earned $600,000 profit during 2012. On which financial statement(s) will you find the
dollar amount of the profit earned by the company?
Question 7 options:
1)
Balance sheet and income statement
2)
Income statement only
3)
Statement of retained earnings only
4)
Income statement and statement of retained earnings

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