Financial Statement Analysis A Natural Continuation of Financial Accounting

welcome back to the next chapter of this course you’ve now learned about the three core financial statements about the accounting equation you know what general Ledger’s and T accounts are you are capable of using the double-entry principle and on top of that you can construct a balance sheet and an income statement additionally […]

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PL T Accounts

in our previous lesson we introduced the concept of T accounts and debits and credits as you probably noticed we only considered balance sheet items one can rightly ask what about income statement items are there T accounts for them too the answer is yes there are T accounts for income statement items and in […]

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