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Choose two (2) set of financial statements of two companies for the same financial year from similar industries which are publicly available (online) and 1-Recognize
Choose two (2) set of financial statements of two companies for the same financial year from similar industries which are publicly available (online) and 1-Recognize and describe the main items in the Income Statement, Retained Earnings Statement and the Statement of Financial Position. 2-Compare and contrast the Asset/Liability/Equity/Revenue/Expenses between the two set of financial statements. 3-Outline the possible reasons for the differences of the above items in the two companies' financial statements (use table and diagram as needed)
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