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Financial Accounting

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Financial Statement Descriptions

FINACT-UUEJER

Match the given financial statement listed below with its appropriate description.

(I) A point-in-time valuation of all permanent accounts



(II) Links the Income Statement to the Balance Sheet by reporting the change in Retained Earnings across a period from net income (loss) and dividends



(III) Reports the change in the cash balance across a given reporting period in terms of operating, investing and financing inflows and outflows



(IV) Reports net income (loss) earned by an entity across a given reporting period