Video
The Financial Statements & their Relationship / Connection | Explained with Examples
In this lesson, we explain the financial statements and their relationship / or how they are connected. The financial statements we look at are the Statement of Financial Position (Balance Sheet), Statement of Comprehensive Income (Income Statement), and the Statement of Cash Flows (Cash Flow Statement). We explain and contrast these financial statements, show the formats of the financial statements, and show their relationships and how the financial statements are prepared/completed.
Timestamps:
Statement of Comprehensive Income (Income Statement) Explained: 00:42
Statement of Financial Position (Balance Sheet) Explained: 01:41
Statement of Cashflows (Cash Flow Statement) Explained: 03:39
Statement of Comprehensive Income (Income Statement) format: 07:40
Statement of Financial Position (Balance Sheet) format: 09:03
Statement of Cash Flows (Cash Flow Statement) format: 09:45
Income Statement vs Balance Sheet: 10:51
Income Statement vs Cash Flow Statement: 13:49
Balance Sheet vs Cash Flow Statement: 14:57
Cash Flow Statement – Indirect Method (Full Example): https://youtu.be/UDFILLOdZuc
Cash Flow Statement | Direct Method | Full Example: https://youtu.be/ivEjypY5Vuo
Accruals Explained with Examples: https://www.youtube.com/playlist?list=PLP0Gzx94dL329lQicnUkn1Qoyvxg9hbw3
Check out other straight-forward examples on our channel.
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0:00 Intro
0:07 Every Moon gives Mario’s MONEY!
32:10 Outro
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Mesha Rasi February 2026 Tarot Reading | Aries Horoscope | Financial Growth | Vanaja Ramisetty
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Mesha Rasi February 2026 Tarot Reading | Aries Horoscope | Financial Growth | Vanaja Ramisetty
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99% OF XRP HOLDERS HAVE NO IDEA – XRP SET PRICE TIMELINE? – FLIP THE SWITCH IS BANKS GOING LIVE
99% OF XRP HOLDERS HAVE NO IDEA – XRP SET PRICE TIMELINE? – FLIP THE SWITCH IS BANKS GOING LIVE
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Description Tags (Ignore)
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Dear Friends,
To follow the all the topics of “Accounting For Beginners”, please follow the given Video Link:
Please follow the given Subjects & Chapters related to Commerce & Management Subjects:
Please follow the given Subjects & Chapters related to Commerce & Management Subjects:
1. Financial Accountancy – Part : 1
Financial Accountancy – Part: 2
2. MEFA (Managerial Economics & Financial Analysis)
3. Business Law
4. Statistics
5. Financial Management
6. Cost Accounting
7. Business Economics/ Managerial Economics
8. Basic Introduction Chapter of Financial Accountancy
9. Bank Reconciliation Statement
10. Final Accounts
11. Depreciation
12. Rectification of Errors
13. Business Organization & Management (BOM)
14. Career Options
15. Company Law
16. Bills of Exchange
17. Non – Trading Accounts
18. MEFA / BEFA For Engineering Students
19. Recommended Text Books For Commerce & Management Subjects:
20. Consignment Accounts
21. Joint Venture Accounts
22. BCRW (Business Communication & Report Writing)
23. Advanced Accounting ( Valuation of Goodwill & Shares)
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