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12 March, 2022

Name the financial statements prepared by a bank

 The financial statement has prepared by a bank are listed in 4 categories:

1. Balance Sheet: It presents the financial position at a given date by-

          Assets

          Liabilities

          Equity

2. Income  Statement:  represents  the  company's  financial  performance  in terms of net profit or loss that composed-

          Income:

          Expense

3. Cash Flow Statement: It presents the movement in cash and bank balances by-

          Operating Activities

          Investing Activities

          Financing Activities

4. Statement of Retained Earnings: It presents the movement in owners' equity that derived by-

          Net Profit or loss

          Share capital issued or repaid

          Dividend payments

          Gains or losses recognized directly in equity

         Effects of a change or correction in accounting policy or error