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Home Page > Company News > What are the meanings of different types of agency accounting financial statements?

What are the implications of different types of agency accounting financial statements?

Date: 2019-04-29 Content from: http://jlangstudio.com/

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What are the implications of Nantong registered company's agent bookkeeping financial statements?

Nantong registered company first understand what is a financial statement? The so-called financial statement is actually a unit or company's regular funds, of which the financial statements mainly include: balance sheet, profit statement, cash flow statement, schedules and notes and other content. Let's take a closer look at the meaning of different types of financial statements?

① Income statement: The income statement is a statement that reflects the operating results of an enterprise in a certain accounting period. Because it reflects the situation in a certain period, it is also called dynamic report. Sometimes the income statement is also called income statement, income statement

Significance and role: It can reflect the composition of corporate assets and analyze the economic resources and distribution of the company on a certain date, and it can also reflect the total liabilities and structure of the company on a certain date, revealing the source of the company's assets and its composition. Understand the share of the company's existing investors in the company's total investment, and explain, evaluate and predict the company's short-term solvency.

②. Balance sheet: The balance sheet is an accounting statement that reflects all the assets, liabilities, and owner's equity of a company on a specific date (such as the end of the month, the end of the quarter, and the end of the year). = Liability + Owner's Equity ”is a balance formula that compiles and arranges the specific items of assets, liabilities, and owner's equity on a particular date in accordance with a certain classification standard and a certain order.

Significance and role of Nantong registered company: (1) It can be used to explain, evaluate and predict the operating results and profitability of the company.

(2) It can be used to explain, evaluate and predict the solvency of enterprises.

(3) Enterprise management personnel can make business decisions based on it.

(4) The performance of management personnel can be evaluated and evaluated.


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