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
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