ACCT 201 at Towson University

8. How the Statements Work Together

in Topic 1 (Video 8 of 8)
All these statements... How do they work together? Where do I start? It's not terribly complicated. Let me show you.

This Video Mentioned Some Formulas

Assets = Liabilities + Shareholder's Equity (Or Owner's Equity)
Beginning RE
+ Net Income
– Dividends
Ending RE
– Expenses
Net Income
Operating Cash Flows
+ Investing Cash Flows
+ Financing Cash Flows
Net Increase (Decrease) in Cash
+ Beg Balance Cash
Ending Cash Balance

Did I miss anything in Topic 1?

What Did I Miss?