1.

What Are Financial Statements? Name The Major Financial Statements?

Answer»

The Financial statements are the reports that result from the process of ACCOUNTING which allow the interested parties to evaluate the profitability and the solvency of the business. The major financial statements are:

The Financial statements are the reports that result from the process of accounting which allow the interested parties to evaluate the profitability and the solvency of the business. The major financial statements are:



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