FARM INCOME STATEMENT ANALYSIS AAE 320 Paul D. Mitchell.
Managing cash flow, Slide Presentation
4.3 – Account Balances & Terminology Chapter 4. What is the Balance in the Cash T-Account (Ledger)? 2.
Are you making a profit?. Understand and utilize an income statement: Understand the purpose of an income statement Be familiar with income statement.
I-1. I-2 Learning Objectives Describe the nature and purpose of a subsidiary ledger. 1 Record transactions in special journals. 2 Appendix I Subsidiary.
Income Statement
Chapter 11. Section 11-1 Subsidiary Ledgers: A ledger that is summarized in a single general ledger account Accounts Payable Ledger: A subsidiary.
The Adjustment Process Accountants need to ensure that the statements they produce are: Up to Date, Accurate, Consistent Adjustments are necessary to.