Accounting Statements
Accounting statements are financial documents that provide a summary of a company's financial activities. These statements typically include a balance sheet, income statement, and cash flow statement. The balance sheet shows the company's assets, liabilities, and equity at a specific point in time. The income statement shows the company's revenues, expenses, and profits over a period of time. The cash flow statement shows the company's cash inflows and outflows during a specific period. Together, these statements provide valuable information about a company's financial health and performance.
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