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Financial statements are summarized statements of accounting data produced at the end of the accounting process by an enterprise. A set of financial statements includes: i) ii) INCOME STATEMENT (profit and loss account) Fund flow statement (balance sheet) discloses the financial position of the business on a particular date.
Financial statements are summarized statements of accounting data produced at the end of the accounting process by an enterprise. A set of financial statements includes: i) ii) INCOME STATEM…