Question: The financial statement that reports whether the business earned a profit and also lists the revenues and expenses is called the: Question 3 options: 1

The financial statement that reports whether the business earned a profit and also lists the revenues and expenses is called the:
Question 3 options:
1)
Balance sheet.
2)
Statement of cash flows.
3)
Statement of financial position.
4)
Statement of retained earnings.
5)
Income statement.

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