Chapter 9
The Analysis of the Balance Sheet and the Income Statement
Chapter 8 reformulated the
statement of owners’ equity.
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This chapter continues the
reformulation with the balance
sheet and income statement.
The reformulation follows the
design in Chapter 7.
This Chapter
Chapters 10 reformulates the
cash flow statement.
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What assets
and liabilities
are classified
as operating ?
As financing ?
What items in
the income
st ...