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A complete set of financial statements for XYZ LTD, at December 31, 1999, would include each of the following, except:

    <img src="http://highered.mheducation.com/olcweb/styles/shared/spacer.gif" alt="" width="40" height="1" /> <strong>A)</strong><img src="http://highered.mheducation.com/olcweb/styles/shared/spacer.gif" alt="" width="10" height="1" /> <strong>Balance sheet as of December31,1999.</strong>   <strong><img src="http://highered.mheducation.com/olcweb/styles/shared/spacer.gif" alt="" width="40" height="1" /></strong> <strong>B)</strong><img src="http://highered.mheducation.com/olcweb/styles/shared/spacer.gif" alt="" width="10" height="1" /> <strong>Income statement for the year ended December31,1999.</strong>   <strong><img src="http://highered.mheducation.com/olcweb/styles/shared/spacer.gif" alt="" width="40" height="1" /></strong> <strong>C)</strong><img src="http://highered.mheducation.com/olcweb/styles/shared/spacer.gif" alt="" width="10" height="1" /> <strong>Statement of projected cash flows for2000.</strong>   <strong><img src="http://highered.mheducation.com/olcweb/styles/shared/spacer.gif" alt="" width="40" height="1" /></strong> <strong>D)</strong><img src="http://highered.mheducation.com/olcweb/styles/shared/spacer.gif" alt="" width="10" height="1" /> <strong>Notes containing additional information that is useful in interpreting the financial statements.</strong> <p> </p>

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Question added by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
Date Posted: 2014/10/22
Sara Naeem
by Sara Naeem , Trainee Finance officer , Wah Brass Mill

C

Malik Khalid Mahmood
by Malik Khalid Mahmood , Regional Finance Manager , Leosons International FZ LLC

Statement of projected cash flow is part of forecasting and budgeting

Mukkaram Siddique
by Mukkaram Siddique , Finance, Management & Stocks , Amazon Foods Saudi Arabia

Option C.

Option C is sort of Budgeting for next year, not relevant for the Year ended December31,1999.

Jawad Qureshi
by Jawad Qureshi , Financial Consultant , AFAZA FZ LLC/Midas Safety Dubai

Since Financial statements display historical financial info therefore Option C,

Shamna Mohammed Ali
by Shamna Mohammed Ali , Accountant , Almoayed Chambers

statement of projected cash flows of the year2000

Kefah Abu Osba
by Kefah Abu Osba , Finance Manager , Edgo Management Group

c

Kamran Ahmad
by Kamran Ahmad , Operation Officer , Meezan Bank Limited Islamabad

C

Ali Ahmad
by Ali Ahmad , Manager Internal Audit , International Accountants

C

manaf almas
by manaf almas , Auditor , DAR AL NUZUM PUBLIC ACCOUNTANTS

c

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