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Author Question: Explain what elements are included on the balance sheet and the income ... (Read 65 times)

aabwk4

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on: Jun 29, 2018
Explain what elements are included on the balance sheet and the income statement.

Question 2

List two examples of risk that must be insured for an amusement park such as Disney.


pami445

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Reply #1 on: Jun 29, 2018
Answer to Question 1

balance sheet: assets, liabilities, net worth
income statement: revenue, expenses, net income or net loss

Answer to Question 2

Risk of injury from rides, food poisoning, liability for actions of employees


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