The Main Purposes of Personal Financial Statements Are To

The main purposes of personal financial statements are to:

A) summarize the value of the items that you own and the amountsthat you owe
B) track your cash inflowsby source and your outflows by type
C) identify strengths and weaknesses in your current financial situation and provide data for use in filing your income tax return or applying for credit
D) measure progress toward your financial goals
E) all of the above