Which of these is NOT a common financial statement?
A)Statement of retained earnings
B)Statement of depreciation
C)Cash flow statement
D)Balance Sheet

Question

Quizplus · Accepted Answer

The statement of depreciation is not a common financial statement. Rather, it is a component of a financial statement (such as the income statement or balance sheet) that shows the decrease in value of assets over time. The three common financial statements are the statement of retained earnings, the cash flow statement, and the balance sheet.

Which of These Is NOT a Common Financial Statement