Twinkle Toes Dance Company December 31,20X9 What Is the Name of the Financial Statement Above?
A)Income

Multiple Choice

Twinkle Toes Dance Company December 31,20X9
$$\begin{array} { | l | r | r | r | } \hline \text { Cash } & \$ 10,000 & \text { Accounts payable } & \$ 5,600 \\\hline \text { Accounts receivable } & 4,000 & \text { Notes payable } & 17,000 \\\hline \text { Inventory } & 8,000 & \text { Common stock } & 5,000 \\\hline \text { Equipment } & 14,800 & \text { Retained earnings } & \underline { 9,200 } \\\hline \text { Total Assets } & \$ 36,800 & \text { Total liabilities and shareholders equity } & \$ 36,800 \\\hline\end{array}$$ What is the name of the financial statement above?

A) Income Statement
B) Balance Sheet
C) Statement of Cash Flows
D) Statement of Changes in Shareholders Equity
E) Statement of Retained Earnings