Explain what elements are included on the balance sheet and the income ...

Author Question: Explain what elements are included on the balance sheet and the income ... (Read 85 times)

aabwk4

Hero Member
Posts: 593

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

Sr. Member
Posts: 303

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

Need homework help now?

Ask unlimited questions for free

Ask a Question

« previous next »

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.