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What financial statement is concerned with the company at a point in time?
Wiki User
∙ 10y ago
This relates to a company's balance sheet (aka statement of financial position). The balance sheet provides, in essence, a "snapshot" of a company at a point in time.
This differs from a statement of cash flows, or an income statement, both of which essentially show the events or transactions of a company that occurred during a certain period of time.
Wiki User
∙ 10y ago
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What is the difference between balance sheet and financial statement if there is any........?
Balance Sheet: Balance sheet is the financial picture of an organization on a given day. while financial statement is a broader term and it can be for a very long time. financial statment is a formal record of business financial activities. it can be a day. month a year or so on. while balance sheet is just a part of a financial statement. in short balance sheet is also a finanaical statement. but finanacial statement can not be balance sheet..
What financial statement reports an organization's financial position at a point in time?
Balance Sheet
Which of these explains the financial position of a company at a specific point in time?
balance sheet
What does cpt mean on a Halifax statement?
The meaning for the abbreviation of CPT on a Halifax statement is cash point. The term CPT is commonly used on various financial documents and records.
What is balance sheet?
A balance sheet is a more detailed version of the accounting equation A=L+E at a specific point in time.or it could be-The company's assets and its liabilities at a specific point in time.
What is the difference between balance sheet and financial statement if there is any........?
Balance Sheet: Balance sheet is the financial picture of an organization on a given day. while financial statement is a broader term and it can be for a very long time. financial statment is a formal record of business financial activities. it can be a day. month a year or so on. while balance sheet is just a part of a financial statement. in short balance sheet is also a finanaical statement. but finanacial statement can not be balance sheet..
What is a financial statement?
it is combined statement of parent company and subsidary company
What financial statement reports an organization's financial position at a point in time?
Balance Sheet
How would you analyze financial position of Company from point of view of an 1Investor. 2 Creditor and3 Financial executive of the company?
How would you analyse the financial position of a company from the point of view of an: (i) Investor (ii) A creditor, (iii) A share holder
Which financial statement shows the total assets at a given point in time?
The Balance Sheet.
Prime objective of preparing financial statement?
Financial statements provide an overview of a business or person's financial condition in both short and long term. All the relevant financial information of a business enterprise presented in a structured manner and in a form easy to understand, is called the financial statements. There are four basic financial statements:1. Balance sheet: also referred to as statement of financial position or condition, reports on a company's assets, liabilities, and Ownership equityat a given point in time.2. Income statement: also referred to as Profit and Loss statement (or a "P&L"), reports on a company's income, expenses, and profits over a period of time. Profit & Loss account provide information on the operation of the enterprise. These include sale and the various expenses incurred during the processing state.3. Statement of retained earnings: explains the changes in a company's retained earnings over the reporting period.4. Statement of cash flows: reports on a company's cash flow activities, particularly its operating, investing and financing activities.For large corporations, these statements are often complex and may include an extensive set of notes to the financial statementsand management discussion and analysis. The notes typically describe each item on the balance sheet, income statement and cash flow statement in further detail. Notes to financial statements are considered an integral part of the financial statements.
What are the different accounting reports?
-statement of financial position, -statement of profit and loss and other comprehensive income, statement of cash flows, -statement of change in equity, -Notes to the account
Which of these explains the financial position of a company at a specific point in time?
balance sheet
What is the point of the missions?
The Control Point Associates company is concerned with land surveying and consulting. They have offices in New Jersey, Pennsylvania and Massachusetts.
What does cpt mean on a Halifax statement?
The meaning for the abbreviation of CPT on a Halifax statement is cash point. The term CPT is commonly used on various financial documents and records.
What is the mission of Control Point Associates?
The Control Point Associates company is concerned with land surveying and consulting. They have offices in New Jersey, Pennsylvania and Massachusetts.
What is the mission of the association?
The Control Point Associates company is concerned with land surveying and consulting. They have offices in New Jersey, Pennsylvania and Massachusetts.
