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Bookkeeping – Jessica Kawka
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Income statement vs Balance Sheet

Content Shareholder Equity 7.3 Retained Earnings Statement Financial Accounting > CH 1 > Flashcards Three Financial Statements What is income statement? This means the $600 debit is subtracted from the $4,000 credit to get a credit balance of $3,400 that is translated to the adjusted trial balance column. Concepts Statements give the Financial Accounting Standards […]