The current period statement of cash flows includes the flowing: The cash balance at the end of the period is
A) $45,000
B) $635,000
C) $355,000
D) $125,000

Question

The current period statement of cash flows includes the flowing:  The cash balance at the end of the period is
A) $45,000 
B) $635,000 
C) $355,000 
D) $125,000

Quizplus · Accepted Answer

The cash balance at the end of the period can be found by looking at the ending balance of the cash and cash equivalents section of the statement of cash flows. In this case, the ending balance is $355,000.

The Current Period Statement of Cash Flows Includes the Flowing