Financial statements: Financial statements refer to those statements, which are prepared by the Company according to particular formats in accounting to show its financial position. Financial statements include the following statements: Cash flow statement Income statement Balance sheet To prepare: The letter for bases for comparison of financial statements.

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Chapter 14, Problem 14.6BYP

To determine

Financial statements: Financial statements refer to those statements, which are prepared by the Company according to particular formats in accounting to show its financial position.

Financial statements include the following statements:

Cash flow statement

Income statement

Balance sheet

To prepare: The letter for bases for comparison of financial statements.

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