{"version":"1.0","provider_name":"The Training Place of Excellence","provider_url":"https:\/\/www.thetrainingplace.org\/blog","author_name":"ttpAdmin","author_url":"https:\/\/www.thetrainingplace.org\/blog\/author\/ttpadmin\/","title":"What are the financial statements? - The Training Place Blog","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"BZGTfKdx91\"><a href=\"https:\/\/www.thetrainingplace.org\/blog\/2024\/07\/what-are-the-financial-statements\/\">What are the financial statements?<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/www.thetrainingplace.org\/blog\/2024\/07\/what-are-the-financial-statements\/embed\/#?secret=BZGTfKdx91\" width=\"600\" height=\"338\" title=\"&#8220;What are the financial statements?&#8221; &#8212; The Training Place of Excellence\" data-secret=\"BZGTfKdx91\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script>\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/www.thetrainingplace.org\/blog\/wp-includes\/js\/wp-embed.min.js\n<\/script>\n","description":"&nbsp; WHAT ARE THE FINANCIAL STATEMENTS IN ACCOUNTS? Transcending from the trial balance, the financial statements will need to be prepared using the closing balances derived from the trial balance. The two main financial statements are the: \u00b7 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Statement of profit or loss (profit or loss account) and the \u00b7 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Statement of financial position (balance ... Read More"}