The Income Statement

The Income Statement What is it?  Why is it  important ?
Who needs it and why? What is a Fiscal Period and why is it important to stakeholders?  GAAP – Time Period Concept, Matching Principle- which IFRS relates to this? Additions to your Debit/Credit chart (page 132) Additional Practice and Review:  Read 135-139 Questions 5-13 Complete Exercises 1,3 Pages 141-142 Video […]

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