The current period statement of cash flows includes the following: The cash balance at the end of the period is
A) $45,000
B) $635,000
C) $355,000
D) $125,000

Question

The current period statement of cash flows includes the following:  The cash balance at the end of the period is
A) $45,000 
B) $635,000 
C) $355,000 
D) $125,000

Quizplus · Accepted Answer

The cash balance at the end of the period can be found by looking at the "Ending Cash Balance" line on the statement of cash flows. In this case, the ending cash balance is $355,000. Therefore, the answer is C.

The Current Period Statement of Cash Flows Includes the Following