In a classic case of procrastination, I did not write that post so far.
But my guilt has got the better of me, and the result is this video that will help you with the basics of financial statements and how you can study the inter-linkages between the three – P&L account, balance sheet, and cash flow statement.
Please pardon my handwriting! 🙂
If you can’t watch the video above, click here to watch.
Then let me know whether you found my explanation simple enough to understand the basic working of the financial statements. I’m not sure I could’ve made this any simpler. 🙂