It's one of three primary financial statements. Focuses on income and expenses over a specific period. Aims to report a company's net income or earnings. Essential for assessing financial performance.
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Financial accounting: What you need to know
Learn what every business owner needs to know about financial accounting, accounting software and financial statements.
Financial statements are essentially the report cards for businesses. They tell the story, in numbers, about the financial health of the business. The information found on the financial statements of ...
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