What are the four financial statements?   If you had to list them in order of importance, what list would you create?

College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter2: T Accounts, Debits And Credits, Trial Balance, And Financial Statements
Section: Chapter Questions
Problem 4DQ: How are the three financial statements shown in this chapter connected?
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What are the four financial statements?   If you had to list them in order of importance, what list would you create?

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Can you explain why the four financial statements are ranked that way?

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