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Finance Solved

Referencing Styles : Open | Pages : 30
a) Various financial statements 1. Balance sheet is financial position such as assets, liabilities and equity. 2. Income statement is also known as  the Profit and Loss Statement. It reports the company’s financial performance in terms of net profit or loss  over a specified period 3. Cash flow statement It shows the movement in cash and bank balances over a period. 4. Statement of change in equity is also known as the Statement of Retained Earnings( d ...

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