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Statement of Financial Resources Kaist Form

Statement of Financial Resources Kaist Form

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what are financial statements financial statements are reports that summarize the financial activities of a business they're prepared at the end of each accounting period And there are three main ones that you should know about first we have the balance sheet which gives us a snapshot of a business's assets liabilities and Equity at a point in time then we have the income statement which summarizes Revenue and expenses over a period of time and finally we have the cash flow statement which shows a business's cash inflows and outflows over a period of time as well

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