Accounting 101: Components of the general purpose financial statements

Originally published at: Accounting 101: Components of the general purpose financial statements | TheAccSense

In our previous article Accounting 101: Objectives and users of the general purpose financial statements we explained what is the general purpose financial statement, the objectives and the users of the general purpose financial statements. In this article, we will look at the components of the general purpose financial statements. For ease of reading, the…