Answer:
b. total revenues and total expenses
Explanation:
A single step income statement -
It refers to the financial statement , which contains all the costs of the goods sold in a single column , is referred to as a single step income statement .
It helps to maintain the record for better understanding .
All the expenses and the revenues are correctly recorded and added , in order to be the best results .
Hence , from the given question ,
The correct option is b.