Accountancy, asked by ay8197626, 11 months ago

what is financial statement.. explain it?​

Answers

Answered by Anonymous
12

Answer:

hy ur answer is here

Definition: Financial statements are reports prepared by a company's management to present the financial performance and position at a point in time. A general-purpose set of financial statements usually includes a balance sheet, income statements, statement of owner's equity, and statement of cash flows.

Answered by worldqueen2
35

Answer:

hyy mate

✌ here is your answer ✌

Explanation:

financial statement are firmal records of the financial activities and position of a business , person b, or other entity . relevant financial information is presented in a structured manner and in a information which is easy to understand.

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