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Hi there please assist Watch the following video, as created by the Khan Academy: https://www.youtube.com/watch?v=hZvjH3Az87A&t=6s 1. Is there a relationship between income statement and the

Hi there please assist 

Watch the following video, as created by the Khan Academy: 


https://www.youtube.com/watch?v=hZvjH3Az87A&t=6s

1. Is there a relationship between income statement and the balance sheet?  Briefly explain why or why not.

 

2.  Elaborate on your answer by describing some of the unique characteristics of each of these financial statements?


100-150 words

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