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« Capitalization Policies | Main | Cost of Goods Sold (COGS) »
Monday
Mar012010

The Connection (between balance sheet and income statement)

The balance sheet measures the financial condition of a business at a distinct point in time where the income statement reports financial performance over a period of time. The short video explains the difference between the two and how they are tied together.

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The balance sheet measures the financial condition of a business at a distinct point in time where the income statement reports financial performance over a period of time

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