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Sagot :
A financial statement called an income statement displays the earnings and costs of the business.
A company's balance sheet is a financial statement that lists its assets, liabilities, and equity.
A financial document called a cash flow statement displays the amount of cash and cash equivalents that a firm is paying or receiving.
a) Since net changes in cash are a component of cash and cash equivalents, they will be included in the cash flow statement.
The income statement will include all costs such as legal fees, postage, wages, and cleaning services.
b) Because supplies constitute an asset, they will be included in the balance sheet.
c) Advertising costs are expenses, hence they go under income.
d) Furniture will be included on the balance sheet because it is an asset.
Learn more about cash flow statement here :
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