After exploring the three big financial statements, the BalanceSheet, Income Statement and Statement of...

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Accounting

After exploring the three big financial statements, the BalanceSheet, Income Statement and Statement of Cash Flows, identify theone you think you will use the most and write a one page paperdefining the statement and explaining the information thatstatement contains and explaining how you will use that statementin the workplace and what valuable information the statement willprovide.

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Answer After exploring the three big financial statements the Balance sheet Income statement and Statement of Cash flows I mainly use Balance sheet because it show financial position at year end of an organization The balance sheet is the most important of the above three main financial statements used to explain the financial health of a business Meaning of Balance sheet This is one of the major See Answer

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In: AccountingAfter exploring the three big financial statements, the BalanceSheet, Income Statement and Statement of Cash...After exploring the three big financial statements, the BalanceSheet, Income Statement and Statement of Cash Flows, identify theone you think you will use the most and write a one page paperdefining the statement and explaining the information thatstatement contains and explaining how you will use that statementin the workplace and what valuable information the statement willprovide.