English

Answer the Following in Brief : What is Comparative Financial Statement? - Book Keeping and Accountancy

Advertisements
Advertisements

Question

Answer the following in brief :
What is comparative financial statement?

Answer in Brief
Advertisements

Solution

A statement that compares financial data of different years is known as comparative financial statement. It helps determine business trends and assess a company’s success or failure over a period of time.

shaalaa.com
  Is there an error in this question or solution?
Chapter 12: Analysis of Financial Statements - Exercise 4 [Page 385]

APPEARS IN

Micheal Vaz Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
Chapter 12 Analysis of Financial Statements
Exercise 4 | Q 3 | Page 385
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×