💥Financial Statement Cheat Sheets → https://accountingstuff.com/shop
🖊Financial Statement Practice Questions → https://accountingstuff.com/practice-...

Financial Statements are accounting 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 summarises Revenue and Expenses over a period of time. And Finally we have the Cash Flow Statement which shows a business's cash inflows & outflows over a period of time.

🔴Subscribe for more Accounting Tutorials → https://geni.us/subtothechannel

🔎FAQ
▪ My Favourite Accounting Book for Beginners → http://geni.us/5mKR7m

🎬LEARN ACCOUNTING BASICS FOR FREE
▪ The Full Playlist →    • ACCOUNTING BASICS for Beginners (Whol...  

🔝 CLOUD ACCOUNTING SOFTWARE
▪ QuickBooks Online USA (FREE TRIAL/DISCOUNT) → http://geni.us/jA9N
▪ QuickBooks Online Canada (FREE TRIAL/DISCOUNT) → https://geni.us/bNN7
▪ Xero (FREE TRIAL) → https://xeroamericas.grsm.io/ck90eoq1...

🚶FOLLOW ME ON
▪ TikTok →   / accounting_stuff  
▪ Facebook →   / thisisaccountingstuff  
▪ Insta →   / accountingstuff  
________________________
DISCLAIMER

Some of the links above are affiliate links, where I earn a small commission if you click on the link and purchase an item. You are not obligated to do so, but it does help fund these videos in hopes of bringing value to you!
________________________

#Shorts #accountingstuff