What are the financial statements that helps to give the company financial position?

Question

Accepted Answer

The financial statements that help to give the company financial position are balance sheet, income statement, and cash flow statement.

Balance sheet shows the company's assets, liabilities, and equity at a specific point in time.
Income statement shows the company's revenue, expenses, and net income over a period of time.
Cash flow statement shows the company's cash inflows and outflows over a period of time.
These statements are important for investors, creditors, and management to understand the financial health of the company.

Accepted Answer

Ther are 3 financial statements Income Statement, Balance Sheet and Cash Flow Statements.But financial position can be determined by the balance sheet

What are the financial statements that helps to give the company financial position?

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