MCQs > Business & Organization > Business Accounting > The amount of net income is transferred from ________ to ________.

Business Accounting MCQs

The amount of net income is transferred from ________ to ________.

Answer

Correct Answer: The income statement; the statement of owner's equity

Explanation:

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Business Accounting Skill Assessment

Overall Skill Level-Poor

Your Skill Level: Poor

Retake Quizzes to improve it