In financial accounting, a is a financial statement that shows a company’s incoming and outgoing money (sources and uses of cash) during a time period (often monthly or quarterly).
举一反三
- Which financial statement reports the amounts of cash that the firm generated and distributed during a particular time period?
- Which financial statement reports the financial position of a company at a point in time? A: Balance sheet B: Statement of owner’s equity C: Cash flow statement D: Income Statement
- Which financial statement covers a period of time?
- The income statement shows the financial position of a company on a certain date.
- The accrual basis of accounting commonly results in financial statements that are less comparable from period to period than the cash basis of accounting.