Answer:

we can highlight specific line item on the financial statements as follow

Balance sheet.

It show  entity’s assets, stockholders’ equity and liabilities,as of  report date.

Income statement.

It  Shows  results of the company’s operations & financial activities for reporting period

Statement of cash flows.

It shows changes incompay’s cash flows for reporting period.

Supplementary notes.

It includes the explanations of various activities and additional detail on some accounts, &

Other Notes on items mandated by applicable framework of accounting framework, like GAAP or IFRS.

would be a good be great identifiers

Answer:

great identifiers are company’s balance sheet and Income statement because from these statement you can identify the movement during the period and position of the company as on year end