What is meant by comparative financial statements and how are they used in horizontal analysis?
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Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Comparative financial statements are statements that reflect more ...View the full answer
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Related Book For 
Introduction to Accounting An Integrated Approach
ISBN: 978-0078136603
6th edition
Authors: Penne Ainsworth, Dan Deines
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