Accountancy, asked by sudhansini76, 6 hours ago

14: Is a fnancial statement that is prepared at
the end can accounting period to indicate a
company s financial status.
3608805214
Cash flow analysis
Trail balance
Profit & low account
Balance sheet​

Answers

Answered by munmundutta42
1

Answer:

The balance sheet is the financial statementthat illustrates the firm's financial position at a given point in time -- the last day of theaccounting cycle. It's a statement showing what you own (assets) and what you owe (liabilities and equity).

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