Need more clarification:
i = interest? (if expense: shown in income statement, under expenses. if revenue: shown in income statement, under revenues)
i = investment? (is an asset, showin in the asset section of the balance sheet)
i = income? ( shown in the income statement)
How do you reported unearned janitorial revenue in the financial statements
A liability.
an accounting change that should be reported by restating the financial statements of all prior periods presented.
Estimated loss from an ongoing lawsuit
Cash flow per share is typically reported in a company's financial statements, specifically in the statement of cash flows. It can also be found in financial databases, such as Bloomberg or Reuters, under the company's financial ratios or key financial metrics section. Investors and analysts use cash flow per share to assess a company's ability to generate cash from its operations on a per-share basis.
Indicates the effect on income if LIFO were not used.
timeliness
How might changing one of the financial statements affect the other financial statements?
Financial Statements Are Derived from Historical Costs. ... Financial Statements Are Not Adjusted for Inflation. ... Financial Statements Do Not Contain Some Intangible Assets. ... Financial Statements Only Cover a Specific Period of Time. ... Financial Statements May Not Be Comparable. ... Financial Statements Could be Wrong Du
Financial Statements Are Derived from Historical Costs. ... Financial Statements Are Not Adjusted for Inflation. ... Financial Statements Do Not Contain Some Intangible Assets. ... Financial Statements Only Cover a Specific Period of Time. ... Financial Statements May Not Be Comparable. ... Financial Statements Could be Wrong Du
Why are the dates on financial statements important
Five elements of financial statements are as follows:AssetsLiabilitiesEquityIncomeExpense