Question: Question Content Area Profit is the difference between a . the incoming cash and outgoing cash b . the amounts received from customers for goods

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

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