The income statement shows the company's revenues and expenses for a specific period, resulting in net income or loss.
The expenditure statement shows all of the company's expenses within a certain timeframe, including purchases, operating costs, and other costs.
The cash flow statement shows the actual cash generated and used by the company during a specific period, including operating activities, investing activities, and financing activities.
Difference between the income statement and expenditure statement and the cash flow statement Make it short
1 answer