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Define the purpose of and the four regions of the Johari Window.
Financial Statements
Financial statements are formal records of the financial activities and position of a business, including the balance sheet, income statement, and cash flow statement.
Accruals
Accounting method that records revenues and expenses when they are incurred, regardless of when cash transactions occur.
Unrecorded Expense
A cost or liability that has been incurred but not yet documented or included in the financial records or statements of a company.
Unrecorded Revenue
Earnings from completed transactions or delivered goods/services that have not yet been documented in the financial accounts.
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