Accountancy, asked by deepak275305, 1 year ago

define financial statements?​

Answers

Answered by Anonymous
1

hyy mates

Financial statements (or financial reports) are formal records of the financial activities and position of a business, person, or other entity. ... A balance sheet or statement of financial position, reports on a company's assets, liabilities, and owners equity at a given point in time.

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Answered by anju2730
1
Hlo mate. ♡

hhmere is ur answer!

Financial statement

general-purpose set of financial statements usually includes a balance sheet, income statements, statement of owner's equity, and statement of cash flows.

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