Accounting for IGCSE & O level - Preparation Of Financial Statements (Section 21 - No. 24)
Which of the following is the correct order of a manufacturing company's financial statements?
Income Statement, Balance Sheet, Statement of Cash Flows, Statement of Retained Earnings
Balance Sheet, Income Statement, Statement of Cash Flows, Statement of Retained Earnings
Income Statement, Statement of Retained Earnings, Balance Sheet, Statement of Cash Flows
Statement of Cash Flows, Income Statement, Balance Sheet, Statement of Retained Earnings
Explanation
Generally, the income statement comes first, then statement of retained earnings, then balance sheet and finally, statement of cash flows
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