Explain why the income statement can also be called a


1. What are the five main factors a business owner should consider when selecting a business entity?

2. Explain why the income statement can also be called a “profit-and-loss statement.”

What exactly does the word balance mean in the title of the balance sheet?

Why do we balance the two halves?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Explain why the income statement can also be called a
Reference No:- TGS02864301

Expected delivery within 24 Hours