Link Between Income Statement And Balance Sheet ?

there is a perfect linkage between income statement and balance sheet whatever happens in the income statement reflects in the balances and vice versa.

Sales trade receivable and cash of assets

Cogs cost of material for change in inventory inventory assets

 trade payable current liabilities finance cost borrowings liabilities depreciation tangible assets asset amortisation intangible assets assets as DNA or other expense trade payables reliability prepaid expenses assets or other income investments mutual funds equity net profits retained earnings other equity deferred revenue other current liabilities liabilities Mahindra holidays exceptional items goodwill Al