On a balance sheet,the difference between cash and cash equivalent figures between periods is the same value that appears at the bottom of the ________ for the same period.

Question

Quizplus · Accepted Answer

The statement of cash flows shows the inflow and outflow of cash and cash equivalents for a period, including the beginning and ending balances. The difference between the cash and cash equivalent figures between periods will be reflected in the beginning and ending balances on the statement of cash flows. Therefore, the answer is C.

On a Balance Sheet,the Difference Between Cash and Cash Equivalent