中级财务会计英文ch03.pptVIP

Financial Statements Chapter 3 Learning Objectives 1. Understand the purposes of the balance sheet. 2. Define the elements of a balance sheet. 3. Explain how to measure the elements of a balance sheet. 4. Classify the assets of a balance sheet. 5. Classify the liabilities of a balance sheet. 6. Report the stockholders’ equity of a balance sheet. 7. Understand the concepts of income. 8. Explain the conceptual guidelines for reporting income. Learning Objectives 9. Define the elements of an income statement. 10. Describe the major components of an income statement. 11. Compute income fro