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there are 3 financial statements basically: Income Statement takes into account for income,expenses and hence profits shows performance of the company Balance Sheet takes into account for assets,liabilities and capital shows position of the company Cash Flow Statement takes into account all cash in and cash out shows cash n liquidation status of the company
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How do you make financial statement analysis?
stoling
What is the importance of financial statement to the managers?
to make a decision
Can you consider notes to financial statement to be a financial statement?
Notes to financial statement can be considered to be a financial statement since they report the details and additional information that are left out.
Is income statement same as financial statement?
no. income statement is a only a statement in financial statements.
Where can one find financial statement software?
CNet is a resource for a variety of downloads, including financial statement software downloads. This software can also be found at Financial Statement Pro and My Financial Statement.
What is a Statutory financial statement?
A statutory financial statement is a financial statement of an insurance company prepared in accordance with statutory accounting standards.
What is financial statement?
financial comparison statement is a statement showing the trend in which financial figures are changing between two accounting period.
What should a businesses financial statement contain?
it should contain statement of comprehesive statement, statement of financial position and statement of cashflows
What is the difference between final account and financial statement?
Financial Statement: Financial statement is a instrument used to present a companies financial position. Financial statement complies with balance sheet, cash flow and funds flow statements. Final accounts is the final stage of preparation of financial statement
What is Financial comparative statement?
financial comparison statement is a statement showing the trend in which financial figures are changing between two accounting period.
Is a balance sheet the same as a financial statement?
Balance sheet is a type of financial statement. Other types of financial statements could be income statement and statement of cash flow.
What financial statement is rent payable posted on?
Statement of Financial Position - Liabilities
