Question

Presentation of financial data in a much better position than the original position is called​

Answer 1

Answer:

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Answer 2

Explanation:

Financial Analysis

Financial data is generally prepared and represented in the form of financial statement. Major steps involved in preparing statements are;

Identify transactions

Record transactions in a journal

Posting of every transaction

Unadjusted trial balance

Balance worksheet

Adjusting journal entries

All the above steps should be taken and in proper sequence for the proper making of financial statements