Income statements are a very important aspect of financial accounting. This is why they are used by many businesses on a daily basis or monthly cases on many occasions. So, what are some disadvantages of using financial statements?
What are the disadvantages of income statements?
- Thread starter Good-Person
- Start date
To me financial statement for business is essential as it will help in accountability. Someone like me can joke with my personal finance statement but that of business is a big no.
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