Which of the following financial statements reports cash receipts and cash payments during a period of time?

Question

Quizplus · Accepted Answer

The statement of cash flows reports cash receipts and cash payments during a period of time. The balance sheet reports assets, liabilities, and equity at a specific point in time. The cash receipts budget is a forecast of expected cash inflows for a future period of time. The statement of retained earnings reports changes in retained earnings during a period of time.

Which of the Following Financial Statements Reports Cash Receipts and Cash