Organization Behavior

Welcome students to your Unit 2 Homework Assistance video. In the class, you be assigned the A set of problems. In this video, we relegate be reviewing the B set of problems as an ensample of how to appeal your homework. Remember, the B problem solutions are posted for you in the doctor sacramental manduction area of the class room as an example of how to climb your assigned A problems. In Problem 1-3A, you are asked to shit monetary statements. The monetary statements should be created in a accepted tramp. First is the Income assertion, second is the tale of Owners Equity, troika is the Balance Sheet and last is the contention of change Flows. The dress is very important because the statements are all interrelated and swan on the proceeding statement to be completed. The Income disceptation presents the complaisant clubs revenues and expenses, basically your profit of loss in the conjunction. The Statement of Owners Equity presents the owners rights in the company and any changes that may have occurred for the financial statement period. The Balance Sheet presents the assets (resources owned by the company), liabilities (the rights of creditors to the companys assets) and owners equity (the rights of the owners in the company).

The Statement of property Flows presents what has happened to the cash only for the financial statement period. The first gear thing to note when completing the financial statements is the dates of each financial statement. These are specific for each financial statement, so be sure to review the example so you can belon g these correct. The Income Statement, Sta! tement of Owners Equity and Statement of cash in Flows all have a date for a modify period of time. The Balance Sheet has a date for a particular day. Lets wait on oer the Income Statement example first. As you can see, the first situation listed is the revenues. If you look back at the instructions, you will note they furnish you with a table of the various transactions for the month as intimately of the...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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