Final answer:
A company's financial statements summarize all of the transactions that have occurred over a particular period.
Step-by-step explanation:
A company's financial statements summarize all of the transactions that have occurred over a particular period.
These financial statements include an income statement that shows the company's revenues and expenses, a balance sheet that shows the company's assets, liabilities, and equity, and a cash flow statement that shows the company's cash inflows and outflows.