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1- What do businesses communicate to users through their income statements? Which types of accounts are found on the income statement? 2- What do businesses
1- What do businesses communicate to users through their income statements? Which types of accounts are found on the income statement? 2- What do businesses communicate to users through their Statement of Retained Earnings? 3- What do businesses communicate to users through their balance sheet? Which types of accounts are found on the Balance Sheet? 4-What is one difference between financial and managerial accounting that you didn't know, or that you found surprising? 5- What part of the financial statements do you still feel is confusing to you and could use further clarification? Your classmates will help to explain it when they reply to your post
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