What is Financial Statement ?

What is Financial Statement ?

Financial statement means

profit and loss account,

Balance sheet,

cash flow statement

which show financial position of a company

What are the four basic financial statements?

1. Balance sheet
2.Profit & Loss account
3.Cash Flow statement
4.Change in Equity
5.Notes to financial statement

What are the 5 types of financial statements?

1. Balance sheet
2.Profit & Loss account
3.Cash Flow statement
4.Change in Equity
5.Notes to financial statement

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