Video signpost: Financial Statements Explained
Financial statements are important because they outline the financial activities of a business.
There are three financial statements that every business uses. These are
- an income statement (sometimes called a ‘profit and loss account / statement’)
- a balance sheet, and
- a cash flow statement.
This video briefly explains these three statements.
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On the following pages, we will look at these three statements in more detail.
WEnote
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Video signpost: Financial Statements Explained
Financial statements are important because they outline the financial activities of a business.
There are three financial statements that every business uses. These are
This video briefly explains these three statements.
560pxis not validOn the following pages, we will look at these three statements in more detail.
WEnote
What have you learned from this video? For example:
Post your comment(s) below, and then look on the course feed page to see what others have posted.
You must be logged in to post to WEnotes.
If you prefer, you can create a post on your learning journal blog. Be sure to label or tag your post IENT103.
Note: Your comment will be displayed in the course feed.