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It is the apply of reporting an organization’s money situation and the outcome of functions of external functions by economical statements. Using the help of standardized suggestions, the transactions are recorded, summarized and presented in the shape of monetary statements or financial experiences. These statements are considered as external details mainly because they are provided to men and women outside the house the corporate. Bonuses Accounting assignment help on financial statements involve: 1. The balance sheet (the statement of monetary situation)two. Profits statement (the revenue plus the decline statement) and3.