The income and expense statement examines your financial

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Reference no: EM131623712

1. The income and expense statement examines your financial:

obligations.

performance.

assets.

objectives.

position.

2. This month, Ken Grossman has cash inflows of $3,500 and cash outflows of $2,350, resulting in a

balanced budget.

surplus of $1,150.

deficit of $1,150.

surplus of $3,500.

deficit of $2,350.

Reference no: EM131623712

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