Question

All of the following are included in the heading of an income statement except: Select one: a. Year-end date b. Statement of income c. Period of time covered by the statement d. Business name

Answer 1

The correct answer is choice a - year end date.

The heading of the statement includes the business name, the name of the statement and the period of time that the statement is for. The year end date is not correct because an income statement is for a period of time, not for a particular date.