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What is a financial statement? Write its limitations?

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  • August
    Lv 6
    1 month ago

    An example of a financial statement is your (or your parents) bank statement.This shows all the financial transactions that has taken place during the past month

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  • Anonymous
    1 month ago

    I dunno nor do I even care at this point.

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  • Anonymous
    1 month ago

    Having others do your homework is cheating yourself.

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  • 1 month ago

    Financial statements are the main source of financial information for most decision-makers. That is why financial accounting and reporting places such a high emphasis on the accuracy, reliability, and relevance of the information on these financial statements.

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  • 1 month ago

    sounds like homework to me. look in your book. Accounting only gets harder.

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