Fichas
Finanical statements
Fichas del conjunto (2)
- 1Financial statements- analysis of business transactions
- interrelated - 2Profit and loss account- a financial statement
- record income and expenses of business over the period of time
- normally one year
- income less expenses equals net income
- income eg. sales of goods, bank interests earned
- expenses e.g. salaries, repairs, electricity, telephone
By contrast, expenses are greater than income, loss will occurred.
Información
- Descripción
- FRM Fichas sobre Finanical statements, creado por studentc el 01/05/2013.
- Creado por
- studentc
- Visitas
- 37
- Etiquetas
- Valoración