Professional Documents
Culture Documents
3441050
3441050
Chapter One
Summary
$ Trial Balance.
$ Profit and Loss Account.
$ Balance Sheet.
$ Cash Flow Statement.
These financial statements are used by several
segments of the society called stake holders.
Definition:
External Internal
Decision makers.
External Internal
Branches of Accounting:
Financial
Management
Tax
Audit
Cost
etc.
AND
These include
Resources = Equities
€ Balance Sheet
Forms of Organization:
Proprietorship.