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Examples of financial records include: general account books including general journal and general and subsidiary ledgers. cash book records including receipts and payments. banking records including bank and credit card statements, deposit books, cheque butts and bank reconciliations.
The balance sheet, income statement, and cash flow statement each offer unique details with information that is all interconnected. Together the three statements give a comprehensive portrayal of the companys operating activities.
Financial records provide information about a companys income, expenses, assets, liabilities, and equity. Financial documents, on the other hand, are a specific type of financial record that includes balance sheets, income statements, cash flow statements, and statements of shareholders equity.
Financial records are any type of records that pertain to a companys financial activities. This can include accounting records, bank statements, tax documents, and more. Financial records provide information about a companys income, expenses, assets, liabilities, and equity.
But if youre looking for investors for your business, or want to apply for credit, youll find that four types of financial statementsthe balance sheet, the income statement, the cash flow statement, and the statement of owners equitycan be crucial in helping you meet your financing goals.

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The 4 types of financial statements Balance sheets. Income statements. Cash flow statements. Statements of shareholders equity.

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