Assignment
1. How do charity care and bad-debt differ in both definition and how they are treated on financial statements? Explain.
2. What is the difference between net income and cash flow? In your discussion, include a discussion of what financial statements are used to report these measures.
3. What are the three types of revenue on an income statement? Explain each.
4. What is a non-cash expense? Provide some examples. What financial statement are non-cash expenses recorded on?
5. What is financial accounting? How does it differ from managerial accounting?
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 include 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.