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There are three prominent kinds of finance accounting statements and they are being mentioned below-
Statement of income in which the net profit for a given financial period is subtracted from the expenses from the revenue earned.
The second one is cash flow statement which revolves around inflow and outflow. Apart from it, this also includes the cash into a company within a specific financial period as well as the effect they are having in the equity of the shareholder.
The third one is all about the Balance sheet which brings a complete view of the company’s financial state at any given point in