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Lecture No. 2 - Financial Statements & Illustrative Problem PDF

6 Pages·2021·English
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by ['JA LAYUG']| 2021| 6 pages| English

About Lecture No. 2 - Financial Statements & Illustrative Problem

Financial statements include a statement of financial position, income statement, statement of cash flows, and notes, and provide financial information about a business entity. A complete set of financial statements includes the statement of financial position, income statement, statement of comprehensive income, statement of changes in equity, and statement of cash flows. General ledger accounts are classified and presented in the financial statements according to rules of materiality and aggregation to group similar accounts into line items.

Detailed Information

Author:['JA LAYUG']
Publication Year:2021
Pages:6
Language:English
Format:PDF
Price:FREE
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