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Which of the figures be included on his income statement

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Reference no: EM132860595

Question - If James' records show $70,000 in revenue, $34,000 in liabilities, $90,000 in assets and $19,000 in equity, which of the figures should be included on his income statement?

a. $34,000

b. $70,000

c. $90,000

d. $19,000

Reference no: EM132860595

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