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If you want to know whether a company had a profit or a loss during a specific period of time, which financial statement would be most helpful? A Statement of owners' equit…

If you want to know whether a company had a profit or a loss during a specific period of time, which financial statement would be most helpful? A Statement of owners' equit…
asked 120k views
3 votes
If you want to know whether a company had a profit or a loss during a specific period of time, which financial

statement would be most helpful?
A Statement of owners' equity
B. Cash flow statement
C. Balance sheet
D. Income statement

asked
User Gihan Dilusha
by
7.9k points

1 Answer

3 votes

Answer:

d income statement

Step-by-step explanation:

this statement shows profit/loss

answered
User Dondi Michael Stroma
by
7.5k points
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