1. Financial Statement and Cash Flow Analysis Chapter 2 2. Financial Statements Accrual-based approach Revenues are recorded at the point of sale and costs when they are…
1. © 2009 Cengage Learning/South-Western Financial Statement and Cash Flow Analysis 2. 2 Financial Statements Accrual- based approach • Revenues are recorded at the point…
Slide 1 © 2009 Cengage Learning/South-Western Financial Statement and Cash Flow Analysis Chapter 2 Slide 2 2 Financial Statements Accrual-based approach Revenues are recorded…