Answer:
d. Profits
Explanation:
Financial statement is a statement written in accordance to the conceptual framework for financial reporting which shows the financial position, performance and profit or loss of an entity.
The statements that would reflect in the financial statement of an entity are:
i. statement of profit or loss
ii. statement of change in equity
iii. statement of cash flow
iv statement of financial position
v. notes to the financial statement
All these statements are written considering the assets, liabilities, equity, income and expenses of the entity.
