On the financial statements, which line item connects the balance sheet to the statement of cash flows?
A)Owner's equity (ending balance)
B)Net income
C)Total assets
D)Cash (ending balance)

Question

Quizplus · Accepted Answer

The ending cash balance on the balance sheet is the same as the ending cash balance on the statement of cash flows, connecting the two financial statements.

On the Financial Statements, Which Line Item Connects the Balance