Which of the following financial statements shows the net increase or decrease in cash during the period?

Question

Quizplus · Accepted Answer

The cash flow statement shows the net increase or decrease in cash during the period. It breaks down the sources and uses of cash, including operating activities, investing activities, and financing activities. The balance sheet shows the ending cash balance, but does not show changes in cash during the period. The income statement shows revenue, expenses, and net income, but does not focus on cash flows. The statement of retained earnings shows changes in the company's earnings that are not related to cash.

Which of the Following Financial Statements Shows the Net Increase