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Q 1.21: The amount of cash at the end of the period in the Statement of Cash Flows should also be reported on the A : Statement of Liabilities and Stockholders' Equity. B : Balance Sheet. C : Income Statement. D : Statement of Retained Earnings.

User Baral
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Answer:

B : Balance Sheet.

Step-by-step explanation:

The balance sheet reports the assets, liabilities and stockholder equity of the company. It helps to analyze or identify the financial position, performance, position of the company.

Moreover, it also records the ending balance after adjustments

The ending cash balance shows in the statement of cash flows should always be equal to the cash reported to the balance sheet.

User Deekshith
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