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You need to describe these financial statements. The statementsare the profit and loss statement,...

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Accounting

You need to describe these financial statements. The statementsare the profit and loss statement, statement if retained earnings,banalce sheet and the cash flow statement. For each of thesereports describe what they are, what is involved in theirpreparation and how they are dealt with in preparing the financialreports. 800 words

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In: AccountingYou need to describe these financial statements. The statementsare the profit and loss statement, statement...You need to describe these financial statements. The statementsare the profit and loss statement, statement if retained earnings,banalce sheet and the cash flow statement. For each of thesereports describe what they are, what is involved in theirpreparation and how they are dealt with in preparing the financialreports. 800 words

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