专业英语会计学chap002研究报告.pptVIP

3 3 3 3 3 3 3 3 3 4 Investing activities include the cash effects of purchasing and selling assets. Financing activities include the cash effects of transactions with the owners and creditors. Now, let’s prepare the Balance Sheet for JJ’s Lawn Care Service for May 31, 2005. These balances will appear on the Balance Sheet. Assets = Liabilities + Owners’ Equity $21,850 = $13,150 + $8,700 Relationships Among Financial Statements Date at beginning of period Date at end of period Balance Sheet Balance Sheet Time Income Statement Statement of Cash Flows Financial Statement Art