Financial statements are formal records of a business' financial activities. The advantage is to provide an overview of a business' profitability and financial condition. And also provide investors with a clear financial picture of the company.
Can You Describe The Advantages Of Financial Statements?
The shareholders will get to know the performance of thier company
The advantage of financial statement is to provide the overview of the business's profitibility and the finacial condition. What is the financial condition?