logo
Moiseeva_F

Summarizing.

Complete the following sentences to summarize the text above:

1. As a rule, annual reports consist of…

2. The profit and loss account gives figures for…

3. The first figure in the profit and loss account should be…

4. The balance sheet lists the company’s assets,…

5. Negative items on financial statements are enclosed …

6. The basic accounting equation is read in the following way…

7. Source and application of funds statement shows…