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Kaya Malone
26 December, 22:30
What are financial statements?
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Piggy
26 December, 22:46
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A Financial statement (or financial report) is a formal record of the financial activities ad position of a business, person, or entity.
There are 4 types of financial statements:
* Income statement (This reveals the financial of an organization for the entire report period)
* Balance sheet
* Statement of cash flows
* Statement of changes in equity
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