Question

What are the 3 main financial statements?
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Answer 1

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. Income statements show how much money a company made and spent over a period of time.

Answer 2

Answer:

They are:

(1) balance sheets;

(2) income statements;

(3) cash flow statements;

(4) statements of shareholders' equity.

Balance sheets show what a company owns and what it owes at a fixed point in time. Income statements show how much money a company made and spent over a period of time.

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Very very good morning