How to determine a person's solvency which financial document should be consulted?

Social Studies

1 answer:

MrRissso [65]2 years ago

6 0

To determine a person's solvency, the financial document must be consulted: The balance sheet.

Financial documents, additionally referred to as economic statements, are used for reporting monetary records approximately an enterprise, in a standardized layout. popular economic documents encompass a stability sheet, a profits announcement, and a coins drift statement.

Financial documents are formal records of the financial sports and role of a business, character, or other entity. relevant economic information is supplied in a dependent way and in a form that is simple to recognize.

The five monetary files: The 5 key documents consist of profit and loss statements, stability sheets, coins-drift statements, tax returns, and aging reviews.

The most crucial financial document for most of the people of customers is in all likelihood to be the earnings declaration because it reveals the ability of an enterprise to generate income. also, the records listed on the profits assertion are often in extraordinarily present-day dollars, and so represent an affordable degree of accuracy.

Learn more about financial documents here: brainly.com/question/26240841

#SPJ4

You might be interested in

What is legislature mention its function

konstantin123 [22]

Answer: A legislature is a deliberative assembly with the authority to make laws for a political entity such as a country or city. Legislatures form important parts of most governments; in the separation of powers model, they are often contrasted with the executive and judicial branches of parliamentary government.

Can u pls mark me as brainliest

Explanation:

6 0

3 years ago

Read 2 more answers

Most proverbs take the form of a four-line unit, with the first line corresponding to the fourth line and the second line corres

olga55 [171]

Answer:This correspondence is through some form of parallelism: FALSE.

Explanation: Parallelism refers to the juxtaposition of two or more identical or equivalent syntactic constructions, especially those expressing the same sentiment with slight modifications, introduced for rhetorical effect.

Proverbs in the Christian Bible do not take the form of a four-line unit,

6 0

4 years ago

Read 2 more answers

THE US IN WWI

andriy [413]

Answer: 1) c 2) a 3) b 4) a 5) b 6) d 7) a

Explanation:

4 0

3 years ago

Courtney admits there is a difference in the effort she puts forth during a group project versus the effort she shows when the p

sergey [27]

Answer:

D. social loafing.

Explanation:

Social loafing: In psychology, the term "social loafing" was proposed by Max Ringelman during the 1890s, and is described as a phenomenon in which an individual tends to exert less attempt or effort on a particular task if he or she is being involved in a group instead when he or she works alone. However, working with a specific group might improve the performance of a person by pooling the skills involved.

In the question above, Courtney's behavior can be attributed to social loafing.

8 0

4 years ago

What is the preamble of the constitution?

Archy [21]

The basic outline of the purpose and beliefs that the constitution stands for.

7 0

4 years ago