Question

What part of the accounting cycle provides information for investors or the general public?


accounting journal


trial balance


general ledger


financial statement

Answer 1

The part of the accounting cycle that provides information for investors or the general public is the **financial statement**. Financial statements, which include the income statement, balance sheet, and cash flow statement, are designed to present a summary of a company's financial performance and position, making them useful for external stakeholders such as investors, creditors, and regulators.