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
A: Balance sheet
B: Statement of owner’s equity
C: Cash flow statement
D: Income Statement
举一反三
- The ( ) is a financial statement that summarizes a hotel’s assets, liabilities and shareholders’ equity at a specific point in time. A: income statement B: balance sheet C: statement of cash flow D: equity statement
- Which financial statement reports net income and dividends?( )。 A: Income Statement B: Statement of Cash Flows C: Statement of Retained Earnings D: Balance Sheet
- Which financial statement reports revenues and expenses?( )。 A: Statement of Retained Earnings B: Income Statement C: Statement of Cash Flows D: Balance Sheet
- What reflects the strength of the enterprise is ( ). A: Balance sheet B: income statement C: Statement of cash flow D: statement of changes in owner's equity
- The CORRECT data flow from one financial statement to the next is: A: statement of retained earnings, income statement, balance sheet, statement of cash flows. B: balance sheet, statement of retained earnings, income statement, statement of cash flows. C: statement of retained earnings, income statement, statement of cash flows, balance sheet. D: income statement, statement of retained earnings, balance sheet, statement of cash flows.