Analyst Questions

The financial statements should be prepared in the following order:

Income statement - Statement of retained earnings - Balance sheet

1. Income statement reports revenues and expenses and calculates net income or net loss for the time period.

2. Statement of retained earnings show how retained earnings changed during the period due to net income or net loss and dividends.

3. Balance sheet reports assets, liabilities, and stockholders’ equity as of the last day of the period.

A group of emus is called as a mob. Emus is a kind of bird which is next to ostrich in its size.

Magma is injected into surrounding rock forming an igneous intrusive.

Actually it is a plutonic formation in which magma present beneath Earth surface deforms the shape of rocks present above it
 

Spleen is called as the graveyard of RBC Red Blood Cells where they are selectively destroyed/recycled by macrophages.

Neeraj Chopra became the first Indian javelin thrower to claim a gold medal at the Commonwealth Games, with a season’s best effort of 86.47m in the final. The 20-year-old junior world champion had made the final after achieving the qualifying mark in his very first throw.

Simple carbohydrates are also called as Simple sugars. Monosaccharides and Disaccharides refers to simple carbohydrates.