It is an accounting document that reflects the financial situation of an economic entity at a certain date. statements of change in equity financial status statements.
what are the elements of the statements of financial position? active, passive, patrimony COMPREHENSIVE , CONSISTENCY, RELIABILITY, COMPARABILITY.
what are the characteristics of the statements of financial situation?.
Classify accounts and attach them as current and non-current. Intangible Inventories.
Identify what the statements of financial condition are for?.
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