Monday, April 27, 2015

Financial Statements - The Income Statement

In class student learned about the four main financial statements for a merchandising corporations: 1) Income Statement, 2) Statement of Retained Earnings, 3) Balance Sheet and 4) Cash Flows Statement.  Afterwards, students produced an income Statement using the 18-7 worksheet.

The notes are attached and the homework is listed below.

Notes - Financial Statements of a Corporation

HW - Read 19.3

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