There are two types of body waves: P-waves and S waves. 1  P - waves - are Primary waves. They travel with a velocity that depends on the elastic properties of the rock through which they travel. 2  S-Waves - Secondary waves, also called shear waves.
GAAP requires the following four financial statements: 1  Balance Sheet - statement of financial position at a given point in time. 2  Income Statement - revenues minus expenses for a given time period ending at a specified date. 3  Statement of Owner's Equity - also known as Statement of Retained Earnings or Equity Statement.
AASB 1018 144.5.1 The statement of financial performance is prepared in accordancewith the requirements of this Standard unless this Standard isoverridden by another Standard. In addition to disclosures requiredby a Standard, the entity may disclose additional information aboutfinancial performance..3.1 Paragraph 5.3 requires a reconciliation between the expenses disclosed on the face of the statement of financial performance andthe classification of expenses by nature or by function disclosed inaccordance with paragraph 5.2.