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The Financial Statement That Summarizes Cash Receipts and Disbursements Information

Question 1

Multiple Choice

The financial statement that summarizes cash receipts and disbursements information and indicates the causes of net change in the cash balance for a specific time period is the


A) balance sheet.
B) income statement.
C) statement of cash flows.
D) statement of fund balance.
E) statement of stockholders' equity.

Correct Answer:

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