Why are account balances summarized into financial statements? Why dont companies simply distribute a list of year-end

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Why are account balances summarized into financial statements? Why don’t companies simply distribute a list of year-end account balances?

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Financial Accounting Information For Decisions

ISBN: 978-0324672701

6th Edition

Authors: Robert w Ingram, Thomas L Albright

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Question Posted: Jun 22, 2012 12:55 AM

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Why are account balances summarized into financial statements? Why dont companies simply distribute a list of year-end

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Financial Accounting Information For Decisions

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