question archive If Julie's records show $380,000 in revenue, $64,000 in liabilities, $540,000 in assets and $1,017,000 in equity, which figure should be included on her income statement?
If Julie's records show $380,000 in revenue, $64,000 in liabilities, $540,000 in assets and $1,017,000 in equity, which figure should be included on her income statement?
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If Julie's records show $380,000 in revenue, $64,000 in liabilities, $540,000 in assets and $1,017,000 in equity, which figure should be included on her income statement?
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Revenue of $380,000
An income statement or profit and loss account is one of the financial statements of a company and shows the company's revenues and expenses during a particular period.
