Difference between income statement and balance sheet

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Reference no: EM131303924

a. Discuss the main financial statement (Review the main financial statements. Explain the difference between,income statement, balance sheet and cash flow statements with one example for each.)

b. Compare appropriate formats of financial statements for different types of business(create and compare the appropriate formats of financial statements for different types of business. consider any business of your own choice and compare the horizontal and vertical income statement and balance sheet of that company)

Reference no: EM131303924

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