Financial Statement (Noun)
Meaning
A document showing credits and debits.
Classification
Nouns denoting communicative processes and contents.
Examples
- The accountant carefully reviewed the company's financial statement to ensure accuracy before submitting it to the investors.
- The financial statement revealed a significant increase in revenue, which pleased the shareholders.
- The company's financial statement was audited by an independent firm to verify its authenticity.
- The financial statement showed a substantial credit in the company's favor, which helped to offset the debits.
- The financial statement was used to assess the company's financial health and make informed decisions about future investments.