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These Financial Statements Have Been Prepared for Reference Only in Accordance with Accounting Principles and Practices Medipal   Form

These Financial Statements Have Been Prepared for Reference Only in Accordance with Accounting Principles and Practices Medipal 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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