describe the following financial accounting statements a. Cash flow statement b. Profit and loss statement C.balance sheet

The retained earnings statement should be prepared a.after the income statement and before the balance sheet b.after the income statement and balance sheet c.before the income statement and after the balance sheet d.before the income statement and balance sheet

Describe the process of preparing an income statement and a balance sheet, including the specific elements and formulas used in each statement.

which items are disclosed on a balance sheet