The two <span>statements that give good definitions of financial credit are : 1) Balance Sheet & 2) Income Statement.
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1) Balance sheet shows the assets, liabilities, and net worth on a
given date;
2) Income statement (profit & loss account), shows how the net income of
the firm is arrived at over a stated period.
Another statement is Cash flow statement, which shows the inflows and outflows of cash caused by the firm's activities during a given period of time.
True, the CPU would often be recovered as the brain of the computer.
Information commination technology :)
