Which of the following financial statements reports an increase or decrease in net cash during the time period covered?
A)Income statement
B)Trial balance
C)Statement of owner's equity
D)Cash flow statement

Question

Quizplus · Accepted Answer

The cash flow statement specifically reports the increase or decrease in net cash during the period covered, showing how cash is generated and used in operating, investing, and financing activities.

Which of the Following Financial Statements Reports an Increase or Decrease