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      Question

      Which financial statement would show the amount of cash

      a company has on hand at the end of the year?
      A Income statement Correct Answer Incorrect Answer
      B Balance sheet Correct Answer Incorrect Answer
      C Statement of cash flows Correct Answer Incorrect Answer
      D Statement of changes in equity Correct Answer Incorrect Answer

      Solution

      The balance sheet may show the amount of cash a company has on hand at the end of the year.

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