What are the three basic financial statements and what major information does each contain?

1 answer

Answer

1070439

2026-03-30 13:30

+ Follow

Income Statement: it shows the revenue and expenses for specific year

balance sheet: it shows the overall performance of the company from the time of incorportation to till date

Cash flow statement: Cash flow statement shows the cash inflows and outflows from operating, financing and investing activities.

ReportLike(0ShareFavorite

Copyright © 2026 eLLeNow.com All Rights Reserved.