(a)
Financial Statements: A financial statement is a complete record of the financial transactions of a company at a particular point of time. These provide important financial information like assets, liabilities, revenues and expenses of the company to its internal and external users. There are four basic financial statements; they are the income statement,
The total current assets of Company A at September 26, 2015, and September 27, 2014.
(b)
Whether the assets included by Company A are listed in proper order.
(c)
The classification of assets of Company A.
(d)
The “Cash and cash equivalents” of Company A at September 26, 2015.
(e)
The total current liabilities of Company A at September 26, 2015, and September 27, 2014.
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Financial Accounting
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