What is the difference between digestion and metabolism?
Accounting In a business entity, the cash (assets) = owner’s equity + creditor’s liabilities Financing activities: transactions the company has with investors and creditors Investing activities: transactions involving the purchase and sale of resources that provide benefit for several years Operating activities: transactions that relate to the primary operations of the company Financial statements: income statements reports revenues and expenses over a period of time *I would suggest looking in the textbook or online for an actual model* all things that have “expense” or “revenue” at the end should appear in an income statement Statement of stockholders’ equity summarizes the