All of the following are general-purpose financial statements except
A) balance sheet
B) income statement
C) retained earnings statement
D) cash budget

Question

Quizplus · Accepted Answer

The cash budget is not a general-purpose financial statement, as it is a specific budgeting tool used to project cash inflows and outflows over a specific period of time. The balance sheet, income statement, and retained earnings statement are all considered general-purpose financial statements as they each report on different aspects of a company's financial performance and position.

All of the Following Are General-Purpose Financial Statements Except