The basic financial statements include ........

The basic financial statements include:

Statement of Cash Flows

Statement of Retained Earnings

Balance Sheet and Income Statement

All of the Above

The basic financial statements of an enterprise include the

1) balance sheet (or statement of financial position),

2) income statement,

3) cash flow statement, and

4) statement of changes in owners' equity or stockholders' equity. The balance sheet provides a snapshot of an entity as of a particular date.

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