Question: Description Statement or Report Summarizes a company's assets, liabilities, and stockholders' equity at a specific point in Balance sheet time. Is required by the SEC
Description
Statement or Report
Summarizes a company's assets, liabilities, and stockholders' equity at a specific point in
Balance sheet
time.
Is required by the SEC and includes the audited document that shows the company's
Annual report
financial results for the past year and management's discussion about the future outlook
and plans.
Details changes in the capital received from investors in exchange for stock paidin
Income statement
capital donated capital, and retained earnings.
Aggregates all cash inflows, which the company receives from its ongoing activities and
Statement of cash filows
investment sources, and all cash outflows.
Accounts for all revenues and expenses over an accounting period.
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