会计专业英语LESSON 2(立信会计出版社).pptVIP

Lesson TwoASSETS SECTION OF BALANCE SHEET SENTENCES There are three basic financial statement which are the end products of financial accounting: Balance Sheet, Income Statement and the Statement of Cash Flows. SENTENCES The nature and formats of the first two statements will be illustrated in this and the following two lessons. Balance sheet and income statement are prepared at least yearly, but it is also customary to prepare them quarterly or monthly. The nature of the company is national ownership. The third quarter of the year is autumn. It’s a quarter past five. It’s a quarter to five