The Balance Sheet displays the company’s assets, liabilities and owner’s equity at a particular date.
INCOME STATEMENT / PROFIT & LOSS
The Income Statement displays the sales, expenses and net income (loss) for a particular period of time.
STATEMENT OF CASH FLOW
The Statement of Cash Flows displays the company’s beginning and ending balances of cash, and the sources and uses of cash for a particular period of time. Cash flows are separated into three categories; operating, investing and financing activities.
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