Difference between revisions of "Introduction to entrepreneurship/IENT103/Statements/Video"

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On the following pages, we will look at these three statements in more detail.
 
On the following pages, we will look at these three statements in more detail.
 
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'''WEnote'''
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What have you learned from this video? For example:
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* ''For me, the most interesting point of the video was ...''
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* ''I didn't realise that...''
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Latest revision as of 19:37, 20 January 2019

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Video signpost: Financial Statements Explained

Financial statements are important because they outline the financial activities of a business.

There are three financial statements that every business uses. These are

  1. an income statement (sometimes called a 'profit and loss account / statement')
  2. a balance sheet, and
  3. a cash flow statement.

This video briefly explains these three statements.

Financial Statements Explained in One Minute (1:18)


On the following pages, we will look at these three statements in more detail.



WEnote

What have you learned from this video? For example:

  • For me, the most interesting point of the video was ...
  • I didn't realise that...

Post your comment(s) below, and then look on the course feed page to see what others have posted.

If you prefer, you can create a post on your learning journal blog. Be sure to label or tag your post IENT103.
Note: Your comment will be displayed in the course feed.

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