- Title
- Financial Statements
- Tags
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CustomersAccountingLedgers
Financial Statements
The Financial Statements branch consolidates all transactional data into structured, statutory reports. These statements provide management, auditors, and stakeholders with an accurate picture of financial performance and position.
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Trial Balance → Verify that debits and credits are balanced across accounts.
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Profit and Loss → Summarize income and expenses over a defined period to measure business profitability.
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Balance Sheet → Present the company’s assets, liabilities, and equity at a specific date.