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Outline the two basic financial statements

      

Outline the two basic financial statements

  

Answers


Simon
• Income statement. This indicates the financial performance of a certain organization during a particular year. The performance of the organization is in terms of profits made.
• Balance sheet. This indicates the financial position of an organization at a given point in time.

skilled writter answered the question on May 3, 2018 at 17:08


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