Accounting – 12/20/17
I. Bellwork Q&A
- Explain what the difference is between an Income Statement and a Balance Sheet.
- Explain how the information on each is used.
II. Objectives
- Review terminology and concepts related to income statements and balance sheets
- Interpret information from a worksheet and construct financial statement in accordance with GAAP
III. Chapter 7 Test on Friday
IV. Classwork
- Aplia -Chapter 7 Review Sheet
- Aplia – Page 210 7-C Extra Credit (Net Loss)
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