ACC220 Week 2 Assignment – Financial Statements

Assignment: Financial Statements

? Due Date: Day 7 [Individual] forum

? Write a 350- to 700-word paper, using APA guidelines, describing a balance sheet, income statement, retained earnings statement, and statement of cash flows. How does a company use these financial statements to make future business decisions? Use and define the following terms in your paper when explaining how a company uses the information on the statements:

o Assets

o Comparative statements

o Liabilities

o StockholderÂ’s equity

? Post your paper as a Microsoft© Word attachment