Match each of the following with the appropriate definitions.

-A financial statement that presents all the cash collected and all the cash disbursed during an accounting period.
A)Statement of cash flows
B)Balance sheet
C)Income statement
D)Statement of changes in shareholders' equity

Question

Match each of the following with the appropriate definitions.

-A financial statement that presents all the cash collected and all the cash disbursed during an accounting period.
A)Statement of cash flows
B)Balance sheet
C)Income statement
D)Statement of changes in shareholders' equity

Quizplus · Accepted Answer

The Statement of Cash Flows is designed to show the cash inflows and outflows for a company during an accounting period, making it the correct match for the given definition.

Match Each of the Following with the Appropriate Definitions