Use the information below to answer the question that follows.
All nine transactions for Ralston Sports Co. for September, the first month of operations, are recorded in the following T accounts:
-Nebraska Technologies has a condensed income statement as shown: 
REQUIRED:
Prepare a horizontal analysis of Nebraska Technologies'income statements. Comment on the trends, both favorable and unfavorable.
Definitions:
Offer Terminate
An offer terminate refers to the process of revoking or cancelling a proposal or an offer before it has been accepted.
Bilateral Contract
A contractual agreement involving two parties in which each side agrees to perform an obligation in exchange for a benefit.
Emergency Room
A specialized part of a hospital designed to provide immediate treatment to patients with acute illnesses or injuries.
Auction Without Reserve
An auction in which the item for sale will be sold to the highest bidder without a minimum selling price.
Q11: Trading securities are reported on the balance
Q18: The balance sheet represents the accounting equation.
Q56: In which of the following types of
Q79: The debt created by a business when
Q129: Comprises 70% of business entities in the
Q136: Depreciation on equipment for the year is
Q182: Which of the following is not an
Q204: A transaction that is recorded in the
Q204: Dividends paid to stockholders decrease assets and
Q239: Generally accepted accounting principles regulate how and