Ramesh, a fresh graduate, has recently joined his first job in a bank. His supervisor has asked
Question:
Ramesh, a fresh graduate, has recently joined his first job in a bank. His supervisor has asked him to find certain information from financial statements of a company. Please help him by suggesting which financial statement will contain the following information:
1. Inventory in hand at the end of the year
2. Employee cost during the year
3. Cash and bank balance
4. Cash outflow on account of purchase of investments
5. Operating income during the year
6. Accounting policies
7. Reasons for change in equity during the year
8. Intangible assets
9. Material consumed during the year
10. Details regarding noncurrent investments
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