Y Do We Need The 4 Basic Financial Statements & Y Does Their Preparation

P

Poetic1

New member
Require a Particular Order? The Four Basic Financial Statements: 1) Balance Sheet, 2) Income Statement (or Statement of Operations), 3) Statement of Changes in Owners' Equity (or Statement of Changes in Net Assets), & 4) Statement of Cash Flows
WHY DO WE NEED THE 4 BASIC FINANCIAL STATEMENTS & WHY THEIR PREPARATION REQUIRES A PARTICULAR ORDER
 
Back
Top