Question

Financial Statements of a company consists of ______.

विकल्प

• Statement of Profit & Loss.

• Balance Sheet.

• Cash Flow Statement.

• All of these.

Answer 1

All of these.

Explanation:

The set of a company’s financial statements includes the Balance Sheet (shows financial position at a point in time), the Statement of Profit & Loss (shows performance over a period) and the Cash Flow Statement (shows cash inflows and outflows); together they provide a complete view of a company’s position, results and cash movements and are listed as parts of the financial statements in the governing guidance.