Accounting: Statement of Cash Flows and Statement of Shareholder's Equity Quiz
Quiz Overview
Description
Businesses report information to outsiders in the form of financial statements. The 4 financial statements are balance sheet, income statement, statement of cash flows, and statement of owner's equity. The financial statement that shows a detailed breakdown of the sources and uses of a company's cash and cash equivalents over the accounting period is the statement of cash flows. The statement of shareholder's equity details changes in a company's 4 equity accounts.
