TeachMeFinance.com - explain financial statements
financial statements -- reports that summarize a firm's accounting data and indicate its financial condition. The four basic financial statements are: the balance sheet , income statement, statement of retained earnings , and statement of changes in financial position.
About the author
Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.