Brief Overview Of Financial Statements...

1. The basic form of the balance sheet is Assets = Liabilities + Owner Equity.

2. Assets are the expenditures made for items, such as Inventory and Equipment that are needed to operate the business. The Liabilities and Owner Equity reflect the funds that financed the expenditures for the Assets....

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Re : Brief Overview Of Financial Statements

I am a banker and as a career in banking I have to read financial statements in depth. I refer to several books on this subject but I find it hard to comprehend the subject. I am looking for some guides on it, simple and unsophisticated. Please help me if you can read financial statements at ease.

Re : Brief Overview Of Financial Statements