![](https://cos-cdn.shuashuati.com/pipixue-web/2020-1231-2005-12/ti_inject-812ce.png)
The income statement is a summary of:
A.
None of the available choices
B.
A snapshot of a company’s financial position at a single point in time
C.
How the company is managing its cash balance during an accounting period
D.
How profits or losses were generated during an accounting period