Question

Ending cash balance is shown on which of the following financial statements?

Answer 1

Answer:

B

Explanation:

The ending cash balance is listed on the Statement of Cash Flows and Cash listed on the Balance Sheet is the balance as of the end of the year.

The balance sheet and Statement of Cash Flows are financial statements that companies issue to report their financial performance

The Statement of Cash Flowst shows the amount of cash and cash equivalents coming in and going out in the company. 

The balance sheet lists the assets, liabilities, and equity of a company at a specific moment in time and proves the accounting equation

Answer 2

Answer:

The correct answer is letter "B": Balance Sheet and Statement of Cash Flows.

Explanation:

The ending cash balance is obtained by calculating different earnings and expenditures incurred during the period. It includes the starting balance of the account, additions, and deducts the reductions. The result would represent the ending cash balance which is recorded in the Balance Sheet and Statement of Cash Flows of the financial statements.