An example of an accrued expenses is Work performed for a client that hasn't yet been paid or recorded A bill for utilities used, but not yet paid or recorded Supplies purhcased to be used next month Cash received for a one-year magazine subscription QUESTION 3 The primary purpose of the statement of cash flows is to only provide information about the investing and financing activities of a company help balance the bank statement prove that revenues exceed expenses when a net income is reported provide information about the cash receipts and cash payments during a period