3. Match the correct financial report to the descriptions below: a) Balance Sheet b) Profit and Loss Statement c) Statement of Cash Flows 1. Shows assets, liabilities, and equity at one point in time. 2. Has three sections: operations, investments, and financing. 3. Used to understand changes in revenues and expenditures. 4. Shows income, expenses, and net income during a specific time period. 5. Provides information about the current financial health of a business. 6. Shows the money moving in and out of your business.

3. Match the correct financial report to the descriptions below: a) Balance Sheet b) Profit and Loss Statement c) Statement of Cash Flows 1. Shows assets, liabilities, and equity at one point in time. 2. Has three sections: operations, investments, and financing. 3. Used to understand changes in revenues and expenditures. 4. Shows income, expenses, and net income during a specific time period. 5. Provides information about the current financial health of a business. 6. Shows the money moving in and out of your business