Lecture Financial Accounting (15/e) - Chapter 5: The accounting cycle - Reporting financial results

Lecture Financial Accounting (15/e) - Chapter 5: The accounting cycle - Reporting financial results. After completing this chapter, students will be able to: Prepare an income statement, a statement of retained earnings, and a balance sheet; explain how the income statement and the statement of retained earnings relate to the balance sheet; explain the concept of adequate disclosure;...