精选优质文档-倾情为你奉上A. Measuring Business Incomea. explain why financial statements are prepared at the end of the regular accounting period.Major Financial Statements: The balance sheet: provides a snapshot of the firms financial condition. The income statement: reports on the performance of the firm. The statement of cash flows: reports the cash receipts and cash outflows classified according to operating, investment and financing activities. The statement of stockholde
