After watching this video, explain the relationship between the balance sheet and income statement in your own words, assuming that you are talking to a layman. You should not use heavy financial terms because you are talking to someone who has never taken FIN-317 at Strayer 🙂
To receive full extra credit (15 points), your response must be at least 200 words and must be submitted no later than Sunday, October 21, 11:59 pm. No exceptions. No extensions.