Question

wht is features of financial statement ​

Answer 1

The qualitative characteristics of financial statements. The following are all qualitative characteristics of financial statements : Understandability . The information must be readily understandable to users of the financial statements

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Answer 2

Concept, Features And Objectives Of Financial Statements ... Financial statements are the summary reports of a company's financial transactions. They report the end results of accounting activities during a given period of time. Financial statements provide the income or loss and financial position of a company.