All of the following are general-purpose financial statements except:
A) balance sheet
B) income statement
C) statement of owner's equity
D) cash budget

Question

Quizplus · Accepted Answer

The cash budget is not considered a general-purpose financial statement. It is a short-term planning tool used to estimate a company's cash inflows and outflows, and is not typically provided to external stakeholders. The other three options (balance sheet, income statement, statement of owner's equity) are all important financial statements that provide valuable information to investors, creditors, and other interested parties.

All of the Following Are General-Purpose Financial Statements Except