Identify the financial statements in which you would find each of the items listed below. Some items may appear on more than one statement. Indicate all financial statements that apply to each item. The possible choices are:
-Cash
A)Balance Sheet
B)Statement of Stockholders' Equity
C)Income Statement
D)Statement of Cash Flows

Question

Quizplus · Accepted Answer

Cash is reported on the Balance Sheet as it is an asset. It is also reported on the Statement of Cash Flows, which details the inflows and outflows of cash during a period.

Identify the Financial Statements in Which You Would Find Each