Loans
A: Statement of profit or loss
B: Statement of financial position
A: Statement of profit or loss
B: Statement of financial position
举一反三
- Of the following, which is not an alternative title for the income statement? A: Earnings statement B: Statement of Operations C: Profit and Loss Statement D: Statement of Financial Position
- _________is a projected profit and loss statement (P&L) that forecasts the expected financial outcomes from the plan.
- Translate the following sentence into Chinese."A profit statement is also known as a profit and loss statement, an income statement, an income and expense statement or an operating statement."
- Which financial statement reports the financial position of a company at a point in time? A: Balance sheet B: Statement of owner’s equity C: Cash flow statement D: Income Statement
- The shareholder does not need a statement of financial position as only interested in future performance, while a supplier of goods on credit needs a statement of financial position, as they are only interested in the current state of affairs.