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  • Compare & Contrast Diagram: What Are My Two Terms?

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    Kip Pygman
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    The document provides directions for completing a compare and contrast diagram to analyze two financial statements: the income statement and balance sheet. It instructs the user to list the two terms in a table, provide examples of how they are similar, and examples of how they are different with respect to purpose - with the income statement focusing on a period of time and the balance sheet providing a snapshot at a point in time.

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    Fin. Statements

    Original Title

    Compare Contrast

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    The document provides directions for completing a compare and contrast diagram to analyze two financial statements: the income statement and balance sheet. It instructs the user to list the two terms in a table, provide examples of how they are similar, and examples of how they are different with respect to purpose - with the income statement focusing on a period of time and the balance sheet providing a snapshot at a point in time.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    335 views2 pages

    Compare & Contrast Diagram: What Are My Two Terms?

    Uploaded by

    Kip Pygman
    The document provides directions for completing a compare and contrast diagram to analyze two financial statements: the income statement and balance sheet. It instructs the user to list the two terms in a table, provide examples of how they are similar, and examples of how they are different with respect to purpose - with the income statement focusing on a period of time and the balance sheet providing a snapshot at a point in time.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    COMPARE & CONTRAST DIAGRAM

    Directions: Please list the two terms you are comparing in the table below. Next, prepare a list of examples explaining how these two terms are similar. Finally, prepare a list of examples explaining how these two terms are different. However, first identify how you plan to contrast the terms in the middle column. For example, suggestions might be: (purpose, types, etc). Course: Bus Accounting Unit: Financial Statements Topic: Analyzing Statements

    WHAT ARE MY TWO TERMS?


    Income Statement Balance Sheet

    HOW ARE THEY SIMILAR?

    HOW ARE THEY DIFFERENT?


    INCOME STATEMENT With Regard To PURPOSE BALANCE SHEET

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