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Pavel [41]
3 years ago
7

All of the following are general-purpose financial statements except a.income statement b.cash budget c.statement of stockholder

s' equity d.balance sheet
Business
1 answer:
sveta [45]3 years ago
6 0

Answer:

The correct answer is letter "B": cash budget.

Explanation:

General-purpose financial statements are those reports that can be issued during a period to provide investors and managers relevant information to make decisions on the company's operations. Those reports are the <em>balance sheet, income statement, owner's equity statement, retained earnings, </em>and <em>the cash flow statement. </em>

As its name says, <em>the cash budget is an estimate of the inflows and outflows of a company for a given period. This budget is not a financial statement.</em>

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