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    RBlackwer's Avatar
    RBlackwer Posts: 1, Reputation: 1
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    #1

    Jan 17, 2013, 07:52 PM
    How are the income statement and balance sheet related in Accounting
    How are the income statement and balance sheet related in Accounting
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Jan 18, 2013, 07:17 AM
    Net Income from the Income Statement goes into Retained Earnings on the Balance Sheet.
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