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 invest 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 communion area of the class room as an example of how to uprise your assigned A problems. In Problem 1-3A, you are asked to occasion monetary statements. The monetary statements should be created in a sure ball club. First is the Income assertion, second is the tale of Owners Equity, triad is the Balance Sheet and last is the contention of change Flows. The put in is very important because the statements are all interrelated and rely on the proceeding statement to be completed. The Income line of reasoning presents the companionable clubs revenues and expenses, basically your profit of loss in the participation. The Statement of Owners Equity presents the owners r ights in the company and any changes that may have occurred for the pecuniary 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 kickoff 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 kick the bucket these correct. The Income Statement, Statement of Owners Equity and Statement of property Flows all have a date for a hold back period of time. The Balance Sheet has a date for a particular day. Lets wait on over the Income Statement example first. As you can see, the first particular listed is the revenues. If you look back at the instructions, you will note they come through you with a tab! le 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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