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Which of the following are required basic statements of a Proprietary Fund? A. Balance Sheet and Income Statement. B. Balance Sheet; Statement of Revenues, Expenses,

Which of the following are required basic statements of a Proprietary Fund?

A. Balance Sheet and Income Statement.

B. Balance Sheet; Statement of Revenues, Expenses, and Changes in Retained Earnings; and Statement of Cash Flows.

C. Statement of Net Assets and Statement of Revenues, Expenses, and Changes in Fund Net Assets.

D. Statement of position; statement of revenues, expenses, and changes in net position; and statement of cash flows.

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