资产、负债、所有者权益、收入、费用、利润The six most basic elements in accounting world are Assets， Liabilities， Shareholders' Equity， Income， Expenses， and Net IThe prior three elements above， which are commonly seen in a corporate balance sheet， could be linked through the following equation: Assets = Liabilities + E While the latter three elements， as major components in an income statement， are connected a logic as that: Net Income = Income - EMore specifically， assets， liabilities and equities represent the ability of a corporate， at a certain point of time， to generate income against Whereas income， expenses， and net incomes indicate how well a corporate has managed to increase its assets against liabilities， for a period of Having acknowledged these 6 elements in a timely basis， the users of financial statements will be able to better evaluate a corporate's financial situation in the
