Accountancy, asked by hiteshkumarpaul602, 1 year ago

Describe the nature and types of fianical statements

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Answered by pragya2785
13
Here are the five types of Financial Statements:

1 Income Statement: 1.1 Revenues: 1.2 Expenses: 1.3 Profit or Loss:

2 Balance Sheet: 2.1 Assets: 2.2 Liabilities: 2.3 Equity:

3 Statement of Change in Equity:

4 Statement of Cash Flow:

5 Noted to Financial Statements: 5.1 Related Posts:

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