Which of the following financial statements shows an entity's cash receipts and payments?

Question

Quizplus · Accepted Answer

The statement of cash flows shows an entity's cash receipts and payments. The statement of financial position shows an entity's assets, liabilities, and equity at a specific point in time. The statement of earnings shows an entity's revenue and expenses over a period of time. The statement of changes in owners' equity shows changes in an entity's equity accounts over a period of time.

Which of the Following Financial Statements Shows an Entity's Cash