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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