Assignments acct105 3 Study guides, Class notes & Summaries

Assignment 3: Acct105 2 There is so many things that can impact financial statements when it comes to certain accounting transactions. Expenses and income in the financial statements help any type of company identify what their net worth and their net income is. When we are looking the net worth or income, you are usually looking within a certain time frame. When you record revenues, it shows that companies growing business transactions are done before expenses. When you are recording expe...

Assignment 3: Acct105 2 There is so many things that can impact financial statements when it comes to certain accounting transactions. Expenses and income in the financial statements help any type of company identify what their net worth and their net income is. When we are looking the net worth or income, you are usually looking within a certain time frame. When you record revenues, it shows that companies growing business transactions are done before expenses. When you are recording expe...

Assignment 3: Acct105 2 There is so many things that can impact financial statements when it comes to certain accounting transactions. Expenses and income in the financial statements help any type of company identify what their net worth and their net income is. When we are looking the net worth or income, you are usually looking within a certain time frame. When you record revenues, it shows that companies growing business transactions are done before expenses. When you are recording expe...