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 determined by looking at the statement of cash flows. Since it is not explicitly stated in the question, we need to add up the inflows and outflows of cash from the statement to determine the ending cash balance. Based on the information provided in the statement, the ending cash balance is $355,000.

The Current Period Statement of Cash Flows Includes the Flowing