What form of business organization is facebook

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Question 1. What form of business organization is Facebook? How do you know?

Question 2. Identify what line item flows from the income statement to the statement of retained earnings.

Question 3. Identify what line item flows from the statement of retained earnings to the balance sheet.

Question 4. Identify what line item flows from the balance sheet to the statement of cash flows.

Question 5. Did Facebook have net income or net loss for 2015? Over what period of time was this amount earned?

Question 6. Write Facebook's accounting equation as of December 31, 2015.

Reference no: EM132482354

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