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  1. The four basic financial statements — AccountingTools

    • Income statement. Presents the revenues, expenses, and profits/losses generated during the reporting period. This is usually considered the most important of the financial statements, since it pre… See more

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    Statement of cash flows. Presents the cash inflows and outflows that occurred during the … See more

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    Statement of retained earnings. Presents changes in equity during the reporting period. The report format varies, but can include the sale or repurchase of shares, dividend pa… See more

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  1. To recap, the four main accounting reports that you need are your income statement (P&L statement), cashflow statement, balance sheet, and cash forecast. Like the experts we talked to, you can manage your small business report accounting in-house using any accounting software that you prefer.

    databox.com/small-business-accounting-reports

    Good financial accounting leads to good financial reporting, and those reports commonly come in the form of four key financial documents:

    • an income/profit and loss statement
    • a balance sheet
    • a stockholders’ equity statement
    www.uschamber.com/co/run/finance/key-statement…

    The financial statements are comprised of four basic reports, which are as follows: Income statement. Presents the revenues, expenses, and profits / losses generated during the reporting period. This is... Balance sheet. Presents the assets, liabilities, and equity of the entity as of the reporting ...

    www.accountingtools.com/articles/the-four-basic-fi…
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