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Financial Accounting - Tutorialspoint

Financial Accounting Financial Accounting i About the Tutorial This tutorial will help you understand the basics of Financial Accounting and its associated terminologies. Audience This tutorial has been designed to help beginners pursuing education in Financial Accounting or business management. Any enthusiastic reader with basic mathematics knowledge can comprehend this tutorial. After completing this tutorial, you will find yourself at a moderate level of expertise from where you can take yourself to next levels.

7. Preparation of Financial Statements Financial statements are the set of statements like Income and Expenditure Account or Trading and Profit & Loss Account, Cash Flow Statement, Fund Flow Statement, Balance Sheet or Statement of Affairs Account. With the help of trial balance, we put all the information into financial statements. Financial

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