Business Studies, asked by janetvarghese5470, 11 months ago

The financial statements and the budget plan of some companies are classified as

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Answered by Anonymous
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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.

Answered by UrvashiBaliyan
0

Explanation:

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.

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