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Title: Over View Of Accounting

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Subject: Business
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Date: September 16, 2006
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Length: 2 / 579
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It also shows the money that the company is owed but has not yet received. The income statements: The income statement shows what money in received by the company for product sales and the different services offered by a company. The income statement is also known as the profit and loss statement...

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The income statement is also known as the profit and loss statement. It is used to show the company’s investors and its managers how the company made and lost money. The statement of shareholders’ equity: The statement of shareholders’ equity shows the changes in the shareholders equity...

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