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3 . Describe the four financial statements and how they are prepared. A . Income Statement 1 . Broad overview of statement and its use

$3 .$ Describe the four financial statements and how they are prepared.

A $.$ Income Statement

$1 .$ Broad overview of statement and its use

$2 .$ Note important calcs and totals

B $.$ Retained Earnings Statement

$1 .$ Broad overview of statement and its use

$2 .$ Note important calcs and totals

C $.$ Balance Sheet

$1 .$ Broad overview of statement and its use

$2 .$ Note important calcs and totals

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