The correct answer is D. all of the above.
A balance sheet is a financial statement that reports a company’s assets, liabilities, and equity at a specific point in time. An income statement is a financial statement that reports a company’s revenues, expenses, and net income for a specific period of time. A statement of retained earnings is a financial statement that reports a company’s retained earnings, which is the cumulative net income that has been retained by the company since its inception. A statement of cash flows is a financial statement that reports a company’s cash flows from operating activities, investing activities, and financing activities for a specific period of time.
These four financial statements are the most basic financial statements that a company can prepare. They provide a comprehensive overview of a company’s financial position and performance.