Author Topic: Financial Statements  (Read 42 times)

H. M. Nasim

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Financial Statements
« on: October 18, 2018, 03:23:26 AM »
Financial accounting generates the following general-purpose, external, financial statements:

1. Income statement (sometimes referred to as "results of operations" or "earnings statement" or "profit and loss [P&L] statement")
2. Balance sheet (sometimes referred to as "statement of financial position")
3. Statement of cash flows (sometimes referred to as "cash flow statement")
4. Statement of stockholders' equity