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mmt0AQuotation Supplement (Momwy) Street KailwaySupplement Investors Supplem ent(o uarterly) Stale and City S u p p l e m e n t s ^ H a INDEX TO THE SEVENTYFOURTH VOLUME. iJ A N U A R Y1TOJ U N E30,19
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Financial statements are formal records that present the financial activities and position of a business, person, or entity. They typically include the balance sheet, income statement, and cash flow statement.
Generally, all publicly traded companies and certain private entities are required to file financial statements. Specific requirements may vary by jurisdiction and regulatory body.
Filling out financial statements involves compiling financial data from accounting records and organizing it into the required formats according to accounting standards like GAAP or IFRS.
The purpose of financial statements is to provide a clear and accurate depiction of an entity's financial performance and position, which can help stakeholders make informed decisions.
Reported information typically includes revenues, expenses, assets, liabilities, equity, cash flows, and comprehensive income.
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