Which statement represents the "Financial Position" of an Organization?
1. Cash Flow Statement 2. Balance Sheet or 3. Income Statement

Question

jean koborsy · Answer

The Balance sheet

Dilshod Gaibnazarov · Answer

2.
Balance Sheet represent financial position1.
Cash flow statement represents cash in/ot flow cor the reporting perid3 Income statement represents company's performance over a period of tme

Abdul Rauf · Answer

Balance Sheet show company financial postion.

hassan gurmani · Answer

the financial position of a company is basically represented by balance sheet or statement of financial position under IAS and US GAP

however, cash flow statement shows the net flow of cash of the company from its operational, financing and investment activities during given period

further, income statement shows total performance of the company due to its operations during specific period of time/given period.

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Which statement represents the "Financial Position" of an Organization? 1. Cash Flow Statement 2. Balance Sheet or 3. Income Statement

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