This is a reliable case in an MBA module dedicated to the accounting procedure and the preparation of the 3 fundamental monetary statements; it is likewise an outstanding test case. An easy diagram of the 3 standard monetary statements (balance sheet, earnings statement, and statement of capital) exists and utilized to record, codify, and interact the impacts of a series of normal company occasions.
A supervisor should comprehend (1) which parts of the monetary diagram are impacted; (2) in exactly what instructions (i.e., boost or reduction); and (3) by what dollar quantity, all the while keeping the fundamental formula of Assets = Liabilities + Owner's Equity in balance. The case likewise supplies students with the chance to prepare an easy statement of capital utilizing 2 sequential balance sheets. It provides the chance for students to work backward from a balance sheet and statement of cash flows to craft the start of the year's balance sheet.
PUBLICATION DATE: July 28, 2009 PRODUCT #: UV1770-HCB-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING
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