The Accounting Homework

The Accounting Homework
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  • Hey, Can you help  me with my   Accounting homework dad?
  • Sure honey.  I can help you once we get home.
  • I need to do an Income statement   and a balance sheet.
  • So, What all do you need to do for accounting?
  • I need to put the revenue and expenses and then find out if its a net loss or net income.
  • What all needs to go into this Income Statement of yours?
  • I need to find the total of the assets. then I need to add the liabilities   and owner's equity to make sure the totals are the same.
  • And What needs to go into your balance sheet?
  • The End
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