The actual disbursement of cash is recorded in which of the following financial statements?

Question

Quizplus · Accepted Answer

The disbursement of cash is recorded in the statement of cash flows, which shows the cash inflows and outflows of a business during a given period of time. The income statement shows revenues and expenses, while the balance sheet shows assets, liabilities, and equity. The treasurer's report is an internal document used by the treasurer of a company to report on financial matters to management or the board of directors.

The Actual Disbursement of Cash Is Recorded in Which of the Following