The First Step in Theprocedure for Preparing the Statement of Cash

Multiple Choice

The first step in theprocedure for preparing the statement of cash flows using a T-account work sheet is to

A) obtain a balance sheet for the beginning of the period of the statement of cash flows.
B) obtain a balance sheet for the ending of the period spanned by the statement of cash flows.
C) obtain a balance sheet for the beginning and the end of the period spanned by the statement of cash flows.
D) obtain an income statement for the beginning of the period of the statement of cash flows.
E) obtain an income statement for the end of the period of the statement of cash flows.