contestada

Farmer Township has adopted all provisions of GASB Statement No. 34, Basic Financial Statements and Management's Discussion and Analysis for State and Local Governments. In which financial statements does Farmer present its general-use capital assets

Respuesta :

rahulsharma789888

To display his present use of capital statements, the farmer will create simple financial accounts.

What exactly are financial statements?

Financial statements are official records of a person, business, or other entity's financial situation and actions. The presentation of pertinent financial data is organized and presented in an understandable style.

  • The balance sheet,
  • income statement, and
  • cash flow statements

all provide distinct facts with associated data. The three statements are taken as a whole to offer a complete picture of the company's operational activity.

Thus,

Framer will make basic financial statements to showcase his assets and capital

Learn more about the financial statements:

https://brainly.com/question/14951563

#SPJ1

Otras preguntas