Multiple choice

Which of the following financial statements is a list of financial statements prepared monthly, quarterly or annually to find out the balance of each account?

  1. Account receivable statement

  2. Profit and loss account statement

  3. Cash transaction statement

  4. Prepared statement

  5. Trial balance statement

Reveal answer Fill a bubble to check yourself
E Correct answer
Explanation

This financial statement is a list of financial statements prepared monthly, quarterly annually to find out the balance of each account.