dont let your other half get the money
a direct relationship.
The relationship between the accounting equation and the balance sheet is the NET PROFIT. ( I THINK :/ )
There are none.
The relationship between the current account balance and the GDP is that they both reflect the production in the given economy. They both deal with the net production.
When there is a relationship between companies as parent and child then it is time to consolidate the balance sheets.
unadjusted will not have your final entries for that period. some of those entries may be accrued revenues or expenses, depreciation, and balancing entries. the adjusted balance is your final balance after all adjustments are made.
it is the relationship between a country's imports and exports ;)
Revenues are earnings from sales of products and net income is the difference between revenues and expenses.
balance chemical equation, change only the coefficients of the formulas.
malay ko! xD
Gago kayo
Adjusting entries are recorded in the adjusted Trial Balance. The adjusted entries may be accrued revenues that are not recorded but earned and accrued expenses that include wages, commissions, interest, etc.