General-purpose financial statements includes,”(1) income statement, (2) balance sheet, (3) statement of stockholders’ equity (or statement of retained earnings), (4) statement of cash flows

Managerial Accounting
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General-purpose financial statements includes,”(1) income statement, (2) balance sheet, (3) statement of stockholders’ equity (or statement of retained earnings), (4) statement of cash flows

and (5) notes to these statements.”