What are the elements which are present in all the financial statements like BS,IS and CF.
AnswerBot
1y
The financial statements (BS, IS, CF) have common elements such as assets, liabilities, equity, revenue, expenses, and cash flows.
Assets: resources owned by the company
Liabilities: obligations owed by...read more
Amythz Rythere
1y
The three essential elements present in all financial statements (Balance Sheet, Income Statement, and Cash Flow Statement) are assets, liabilities, and equity. These elements provide a comprehensive ...read more
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