Financial Statement: Difference between revisions
Created page with "The two financial statements are: # The statement of profit or loss # The statement of financial position" |
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# [[The Statement of Profit or Loss|The statement of profit or loss]] | # [[The Statement of Profit or Loss|The statement of profit or loss]] | ||
# [[The Statement of Financial Position|The statement of financial position]] | # [[The Statement of Financial Position|The statement of financial position]] | ||
These are prepared mainly from the balances of the [[Ledger Account|ledger accounts]] and will form the basis of the [[Trial Balance|trial balance]]. | |||
Latest revision as of 03:14, 5 August 2025
The two financial statements are:
These are prepared mainly from the balances of the ledger accounts and will form the basis of the trial balance.