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

Question

Quizplus · Accepted Answer

The adjusted trial balance is not typically used in preparing a statement of cash flows. The statement of cash flows is primarily prepared using comparative balance sheets, the current income statement, and additional information to identify cash flow from operating, investing, and financing activities.

Which One of the Following Items Is Not Generally Used