2
Types of Financial Statements
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Learning Objectives By the end of this chapter, you should be able to: • Identify the four key financial statements. • Describe what each type of financial statement presents to the reader. • Identify the major components of each type of financial statement. • State the basic accounting equation. • State the formula for the statement of retained earnings. • List the things to look for in the notes to the financial statements. |
INTRODUCTION
Chapter 2 will familiarize you with the four key financial statements: the balance sheet, the income statement, the statement of retained earnings, and the statement of ...
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