Question

In: Accounting

Place the financial statements in the order in which they are prepared.


Place the financial statements in the order in which they are prepared.

 Income statement

 Statement of 

 Cash flows Balance Sheet

 Trial Balance

 Statement of owners equity


Solutions

Expert Solution

2 Income Statement
5 Statements of Cashflows
3 Balance sheet
1 Trial balance

4

Statement of owneres Equity

A financial Statement is prepared to summarise the financial information of the firm for the specified period.


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