hahahaha your soo not cool what so ever...so hard to write an essay well its not that bad but still it requires analysis to write such analysis. but can you not tell this people how to make such argument. totally have no idea what i am taling about.. i feel like im making such a fool out of it. i just literally want to see something and they want me to write an essay just for this? will it be worth it though?
omg i just finished watching heirs it was sooo damn good. lmh was soo adorable especiaaly
The Expanded Ledger Accounts each of the new accounts reflects a transactions that affects owner’s equity
Profit is the increase in owner’s equity that results from the successful operation of a business.
Revenue is the amounts earned from the sale of goods or services during the routine operation of the business.
Expenses are the costs of items or services used up in the routine operation of the business
Drawing shows that owner’s withdrawals for personal used does not appear on the Income Statement
Purpose of Expanding The Ledger is to provide essential information about the progress of the business
Net Income is the difference between revenue and expenses when revenue is greater than expenses
Net Loss is the difference between revenue and expenses when expenses are greater than revenue
The Income Statement presents the revenue, expenses, and net income/loss for a specific period of time. Also, Income Statements shows the net income or net loss of a business for a given period of time.
The accounting period is the period of time covered by the financial statements
The time-period
