What do you think you would be able to infer from statements


Discussion Post: Balance Sheet and Income Statement

• Prepare your own personal balance sheet and income statement as of last month.

• What do you think you would be able to infer from your completed statements? Do you think you would appear to be liquid? Would your income statement reflect an adequate balance? How can this analysis help you in terms of spending?

The response should include a reference list. Using double-space, Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Accounting Basics: What do you think you would be able to infer from statements
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