Which one of the following items is not generally used in preparing a statement of cash flows?
A)Comparative statements of financial position
B)Current income statement
C)Additional information
D)Adjusted trial balance

Question

Quizplus · Accepted Answer

Adjusted trial balance is not generally used in preparing a statement of cash flows. The other options such as comparative statements of financial position, current income statement, and additional information are important sources of information for preparing a statement of cash flows.

Which One of the Following Items Is Not Generally Used