The balance sheet, income statement, and cash flow statement are the three most important financial statements. These three statements show a company's assets and liabilities, revenues and costs, and cash flows from operating, investing, and financing activities.
A cash flow statement is a financial statement that summarizes all cash inflows received by a company from ongoing operations and external investment sources. It also includes all cash outflows used to fund business operations and investments over a given time period. the precise amount of money you have available for that time period Depreciation, for example, is recorded as a monthly expense.
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