👑 RECORDING CHANGES IN FINANCIAL POSITION👑
ALL ABOUT ACCOUNTING : 38th BLOG 💎 💎 ACCOUNTING💎💎 ★ Accounting exercise and practices : Lesson : 3 [Part : 1] Hi friends 🙏 Today's discuss recording changes in financial position..... So let's discuss .... ♤ RECORDING CHANGES IN FINANCIAL POSITION : The recording of Changes in Financial Position is often referred to as the Cash Flow statement. It provides information about the operating, financing, and investing activities of the company and the effects of those activities on the cash position of the company. ♤ FINANCIAL POSITION IN ACCOUNTING : The statement of financial position, often called the balance sheet, is a financial statement that reports the assets, liabilities, and equity of a company on a given date. In other words, it lists the resources, obligations, and ownership details of a c...