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MBA, Ph.D in Management
Harvard university
Feb-1997 - Aug-2003
Professor
Strayer University
Jan-2007 - Present
Match each of the following characteristics with the financial statement it describes. Each financial statement may be used more than once.
Income statement
Balance sheet
Statement of retained earnings
Statement of cash flows
Â
Â
The 1st statement prepared
reports as of a specific date
has 3 sections: operating,financing, investing
reports only revenues and expenses
2nd statement prepared
formal presentation of the accounting equaiton
connecting link between the income statement and balance sheet
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