Can someone please explain to me how to do income statements, balance sheets, and cash flow statements?
>>1309612
Watch this:
https://www.youtube.com/watch?v=6rgGgCkEokU
or read any basic Investing book. I would reccomend A random walk down wall street.
>>1309612
Why the fuck are you in accounting
Income statement is Revenue - expenses = NI
NI - div is retained earnings sheet
balance sheet is Assets = liabilities + Stockholder's equity.
all things on one side must equal opposite on other, cash is an asset, must be debt, equity, or revenue. Revenue is stockholder's equity, debt is a liability, and equity is also stockholder's equity. It's the same for all equivalents
Cash flow sheet is delta cash or other liquid mediums of exchange movement year over year, typically compared to the prior year. This is typically split into operations, financing, investing. Operations is all things related to direct things the business does. Financing is the cost of raising/lending money. Investing is the acquisition or sale of capital used to create value.
Go fuck yourself
>>1309612
Assets + Liabilities = Stockholder's Equity
>>1309612
> Accounting Student
> Need some help
Of course you do. Cuck
>>1309612
Surely 1st year/year 11 & 12 and did not do any study.
Glhf retard.
>>1309628
I recommend suicide
>>1309612
Criminal Justice Student here. Can someone please explain to me how to recite Miranda rights to a suspect?
