Of the following,which is not an alternative title for the income statement?
A)Earnings statement.
B)Statement of Operations.
C)Profit and Loss Statement.
D)Statement of Financial Position.

Question

Quizplus · Accepted Answer

The income statement is also known as the earnings statement, statement of operations, or profit and loss statement. However, the statement of financial position is another name for the balance sheet.

Of the Following,which Is Not an Alternative Title for the Income