Organization Behavior

Welcome students to your Unit 2 Homework Assistance video. In the class, you be assigned the A set of problems. In this video, we pull be reviewing the B set of problems as an ensample of how to appeal your homework. Remember, the B problem solutions are posted for you in the doctor sacramental manduction area of the class room as an example of how to procession your assigned A problems. In Problem 1-3A, you are asked to bring on monetary statements. The pecuniary statements should be created in a genuine revisal. First is the Income assertion, second is the tale of Owners Equity, deuce-ace is the Balance Sheet and last is the contention of change Flows. The score is very important because the statements are all interrelated and assert on the proceeding statement to be completed. The Income educational activity presents the kind clubs revenues and expenses, basically your profit of loss in the follow. The Statement of Owners Equity presents the owners rights in the company and any changes that may have occurred for the monetary statement period. The Balance Sheet presents the assets (resources owned by the company), liabilities (the rights of creditors to the companys assets) and owners equity (the rights of the owners in the company).

The Statement of property Flows presents what has happened to the cash only for the financial statement period. The first-class honours degree thing to note when completing the financial statements is the dates of each financial statement. These are specific for each financial statement, so be sure to review the exa mple so you can travel these correct. Th! e Income Statement, Statement of Owners Equity and Statement of hard cash Flows all have a date for a discipline period of time. The Balance Sheet has a date for a particular day. Lets wait on all over the Income Statement example first. As you can see, the first accompaniment listed is the revenues. If you look back at the instructions, you will note they stand you with a table of the various transactions for the month as intimately of the...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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