Complete the following table by writing Balance Sheet, Cash Flow Statement, or Statement of Stockholder’s Equity next to the correct description.

Description

Financial Statement

Report that explains the changes in the owner’s equity accounts during an accounting period

Financial report that gives a detailed picture of an organization’s financial condition

Report that summarizes the changes in an organization’s cash position by reporting on three types of activities: operating, investing, and financing

Summarizes the first three classifications listed on the Chart of Accounts: assets, liabilities, and owner’s equity