The income statement,statement of retained earnings,and statement of cash flows report financial performance over a period of time.

Question

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The income statement, statement of retained earnings, and statement of cash flows are all financial statements that report on financial performance over a period of time. The income statement shows revenues and expenses for a given period, the statement of retained earnings shows changes in retained earnings over that period, and the statement of cash flows shows how cash is generated and used during that period.

The Income Statement,statement of Retained Earnings,and Statement of Cash Flows