Briefly describe the nature of the information provided by each of the following financial statements: the income

Question:

Briefly describe the nature of the information provided by each of the following the income statement, the retained earnings statement, the balance sheet, and the statement of cash flows. In your descriptions, indicate whether each of the covers a period of time or is for a specific date.

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...