SMALL BIZ DB WEEK 6

Explain what is the Income Statement? What information is it providing you and why is it important to the business owner? Explain what is the Balance Sheet? What information is it providing you and why is it important for the business owner?

PLEASE ANSWER THE FOLLOWING QUESTIONS IF ALL ANSWERED CORRECTLY WILL RATE 5 STARS NO SCREEN SHOTS OR IMAGES OF RESPONSE. PLEASE TYPE YOUR ANSWER OR UPLOAD DOCUMENT IF REQUIREMENTS MENTIONED ABOVE ARE NOT MET I WILL GIVE A NEGATIVE RATING