articulation
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7 Terms
what does articulation mean?
financial statement articulation refers to how the financial statement talk or link with each other
the financial statements are connected to each other and generally move together
what does the cash in the balance sheet articulate with?
the beginning cash on the statement of cash flow
what does retained earnings link to?
the beginning retained earnings in the statement of equity
what does the net income from the income statement articulate with?
the net income on the statement of equity
what does the ending cash balance on the statement of cash flow articulate with?
the cash on the balance sheet for the second year
what does the retained earnings from the statement of equity articulate with?
the retained earnings on the balance sheet the second year