Gene works in the accounting department of a local electronics company. He is working on a financial statement to depict the​ company's revenues and expenses to submit to his supervisor in order to gauge where the company stands as of today. Gene is working on​ a(n) _________ for his company.

Gene works in the accounting department of a local electronics company. He is working on a financial statement to depict the​ company's revenues and expenses to submit to his supervisor in order to gauge where the company stands as of today. Gene is working on​ a(n) _________ for his company.



A. retained earnings

B. balance sheet

C. audit

D. statement of cash flows

E. income statement



Answer: E. income statement


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