RELATIONSHIPS AMONG THE FINANCIAL STATEMENTS

Statement of Financial Position

Assets Current Assets Liabilities Current Liabilities Non-Current Liabilities Owner's Equity

Cash Flow Statement

Cash Inflow Less: Cash Outflow Net Cash xxx xxx xxx

Non-Current Assets

Statement of Changes in Equity

Capital Contribution xxx xxx xxx xxx xxx Additional Investments Net Income or Loss Prior Period Adjustments Owner's Equity

Income Statement
Revenue Less: Expenses Net Income or Loss xxx xxx xxx

The basic financial statements are fundamentally interrelated to one another. The Net Cash of the Cash Flow Statement is the cash and cash equivalents under the Current Assets of Statement of Financial Position. Cash Flow Statement explains the cash inflows and outflows in operating, investing and financing activities of an entity. The Net Income or Loss of Income Statement forms part of Statement of Changes in Equity. Income Statement shows the results of operations and performance of the organization. The components in Statement of Changes in Equity are the items found in the Owners Equity section of Statement of Financial Position. The Statement of Financial Position reflects the financial condition of the enterprise.

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