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  2. Financial statement - Wikipedia

    en.wikipedia.org/wiki/Financial_statement

    Financial statements (or financial reports) are formal records of the financial activities and position of a business, person, or other entity. Relevant financial information is presented in a structured manner and in a form which is easy to understand.

  3. Balance sheet - Wikipedia

    en.wikipedia.org/wiki/Balance_sheet

    In financial accounting, a balance sheet (also known as statement of financial position or statement of financial condition) is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as government or not-for-profit entity.

  4. Income statement - Wikipedia

    en.wikipedia.org/wiki/Income_statement

    Sankey Diagram - Income Statement (by Adrián Chiogna) An income statement or profit and loss account [1] (also referred to as a profit and loss statement (P&L), statement of profit or loss, revenue statement, statement of financial performance, earnings statement, statement of earnings, operating statement, or statement of operations) [2] is one of the financial statements of a company and ...

  5. Small business financial planning for 2025 - AOL

    www.aol.com/small-business-financial-planning...

    The sooner you can start your small business financial planning for next year, the better. To get a jump on your to-do list for 2025, NEXT has compiled a list of tasks to help you and your ...

  6. What documents are required for a business line of credit? - AOL

    www.aol.com/finance/documents-required-business...

    Business financials, such as business checking account records, profit and loss reports and tax returns. Business credit score. Business liabilities: Information about any other lines of credit or ...

  7. List of business and finance abbreviations - Wikipedia

    en.wikipedia.org/wiki/List_of_business_and...

    This is a list of abbreviations used in a business or financial context. ... For example, $225K would be understood to mean $225,000, and $3.6K would be understood to ...

  8. What is business loan refinance and when to do it - AOL

    www.aol.com/finance/refinance-business-loan...

    When business finances become strained, refinancing is one way to minimize the financial burden. According to the 2023 Small Business Credit Survey, 24 percent of businesses seeking financing ...

  9. Annual report - Wikipedia

    en.wikipedia.org/wiki/Annual_report

    In preparing these financial statements, the Directors are required to: Select suitable accounting policies and then apply them consistently. Make judgements and estimates that are reasonable and prudent. Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.

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