Which two principal financial statements explain the difference between two balance sheet dates? Describe how these financial

Question:

Which two principal explain the difference between two dates? Describe how these explain the difference between two dates.

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... Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...