Ask Question
1 December, 12:12

Sadie is looking over the expenses and revenue of the company in order to prepare the company's income statement. After this is completed, she will likely look at all other transactions so that other reports can be completed as well. What is this an example of?

+1
Answers (1)
  1. 1 December, 15:45
    0
    To prepared statement of Retained earning, items like dividend paid must be considered.

    To prepare Balance Sheet, Assets (Non-current & current assets), Liabilities (Non-current & current liabilities) and Common stock items must be considered.

    To prepare cash flow statement, changes in operating, financing and investment activities must be adjusted for.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Sadie is looking over the expenses and revenue of the company in order to prepare the company's income statement. After this is completed, ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers