Question 26 (2 points) Which of the following accounts will appear on the company's income statement?

Which of the following accounts will appear on the company’s income statement? 

Question 26 options:

A.Assets and Liabilities

B.Liabilities and Stockholders’ Equity

C.Revenues and Expenses

D.Liabilities and Expenses

The correct accounting equation formula is

Question 27 options:

A.Assets= Liabilities – Owner’s Equity

B.Assets= Liabilities + Owner’s Equity

C.Assets + Liabilities = Owner’s Equity

D.Assets + Liabilities = Owner’s Equity