Finance
Help
Unlock this slideshow and over 2 million more with Baamboozle+
Try slideshows
The income statement reveals how cash flows through a company.
trUE
The balance sheet shows the income left over after subtracting expenses from sales
False - - The income statement shows how much income is left over after subtracting expenses from sales, not the balance sheet.
The accounting equation explains how assets are acquired.
TRUE
Your experience on this site will be improved by allowing cookies.
Allow cookies