Question

Explain the different financial statements and tools used for various financial accounting and management

Answer 1

There are four main financial statements. They are: (1) balance sheets; (2) income statements; (3) cash flow statements; and (4) statements of shareholders' equity. Balance sheets show what a company owns and what it owes at a fixed point in time.

Answer 2

Explanation:

the different financial statements and tools used for various financial accounting for management