Which of the following financial statements show the end-of-year cash balance for a business entity?

Question

Quizplus · Accepted Answer

The balance sheet includes the end-of-year cash balance as part of the current assets section. And the statement of cash flows also reports the change in cash from the beginning to the end of the year, which ultimately leads to the end-of-year cash balance. The income statement and statement of retained earnings only show financial performance, not cash balance. The statement of retained earnings also only shows changes in retained earnings, not cash balance.

Which of the Following Financial Statements Show the End-Of-Year Cash