It's 15! Day for the proper financial reports?
Waiting for P/L, CF and balance sheet
1) Statement of financial position: also referred to as a balance sheet, reports on a company's assets, liabilities, and ownership equity at a given point in time.
2) Statement of comprehensive income: reports on a company's income, expenses, and profits over a period of time. A profit and loss statement provides information on the operation of the enterprise. These include sales and the various expenses incurred during the processing state.
3) Statement of cash flows: reports on a company's cash flow activities, particularly its operating, investing and financing activities.
kslaughter, what time (UTC)?
Thanks for reminding me. Since AMC's description did not allow for any purchase of account software, we were just doing the very basic form of accounting. Also, since AMC is being merged into AMC (Belize) (Virtual shares ActiveMining) we will be issuing a full accounting statement on the winding down of AMC's business and its merger into ActiveMining on completion of the merger.