Assignment
Instructions
Address the following questions. Your research efforts should provide you with the knowledge, understanding, and insight, to respond and enable you to:
1. Present and describe the components of the balance sheet. Use illustrative numerical examples to clarify the discussion. Highlight what you feel are the four most important accounting methods used for the development of this statement.
2. Present and describe the components of the income statement. Use illustrative numerical examples to clarify the discussion. Highlight what you feel are the four most important accounting methods used for the development of this statement.
Review the Penman (2007) article and describe the nature of the research questions and the primary conclusions advanced.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.