Question: Profit is the difference between a . the assets purchased with cash contributed by the owner and the cash spent to operate the business b

Profit is the difference between
a. the assets purchased with cash contributed by the owner and the cash spent to operate the business
b. the incoming cash and outgoing cash
C. assets and liabilities
d. the amounts received from custonkers for goods or services and the amounts paid for
the inputs used to provide the goods or services
 Profit is the difference between a. the assets purchased with cash

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