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  • Financial Statement

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    Praveer Sinha
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    The term financial statement generally refers to two basic statement income statement and balance sheet. Income statement is generally considered to be the most usesful of financial statements. Balance sheet explains what has happened to a business as result of operation between two balance sheet data.

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    The term financial statement generally refers to two basic statement income statement and balance sheet. Income statement is generally considered to be the most usesful of financial statements. Balance sheet explains what has happened to a business as result of operation between two balance sheet data.

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    12 views2 pages

    Financial Statement

    Uploaded by

    Praveer Sinha
    The term financial statement generally refers to two basic statement income statement and balance sheet. Income statement is generally considered to be the most usesful of financial statements. Balance sheet explains what has happened to a business as result of operation between two balance sheet data.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    FINANCIAL STATEMENT

    A finacial statement is an organised Collection of data according to Logical and cansistent accounting procedures. The term financial
    statements generally refers to two basic statement Income Statement Balance Sheet

    INCOME STATEMENT
    The income statement is generally considered to be the most usesful of financial statements . It explains what has happened to a business as result of operation between two balance sheet data. This purpose it matches the revenues and cost incurred in the process of earning revenues and shows the net profite and net loss during the particular period.

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