The statement of cash flows reports:
A: Revenues and expenses
B: Assets and liabilities
C: Cash inflows and cash outflows
D: Changes in equity
A: Revenues and expenses
B: Assets and liabilities
C: Cash inflows and cash outflows
D: Changes in equity
举一反三
- The statement of cash flows reports: A: Assets, liabilities, and equity. B: Revenues, gains, expenses, and losses. C: Cash inflows and cash outflows for an accounting period. D: Equity, net income, and dividends. E: Changes in equity.
- A balance sheet reports:（ ）. A: the assets, liabilities, and owner’s equity on a particular date. B: the difference between revenues and expenses during the period. C: the change in the owner’s equity during the period. D: the cash receipts and cash payments during the period.
- Which financial statement reports revenues and expenses?（ ）。 A: Statement of Retained Earnings B: Income Statement C: Statement of Cash Flows D: Balance Sheet
- Cash Flow Statement is a record of the actual changes in cash compared to the income statement. It shows the firm’s cash inflows and outflows from operations as well as its investments and financing activities.
- The ________ shows the assets, liabilities, and owners' equity of a firm, at a specific point in time. A: income statement B: balance sheet C: statement of cash flows D: trial balance