A statement of cash flows reports on the cash flows for operating, investing and financing activities at a point in time.
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Q13: Assets must always equal the sum of
Q14: If a company reports retained earnings of
Q15: The accounting equation states that the economic
Q16: The key characteristic of an asset is
Q17: The net assets of an entity are
Q19: Retained earnings are reported on both the
Q20: The income statement is also called the
Q21: The income statement, statement of stockholders' equity,
Q22: The statement of cash flows reports information
Q23: When financial statements are prepared, the balance
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