Question: What is the difference between a Personal Balance Sheet and a Cash Flow Statement? Question 9 options: a ) A cash flow statement summarizes your

What is the difference between a Personal Balance Sheet and a Cash Flow Statement?
Question 9 options:
a) A cash flow statement summarizes your income and payments for a given time period while your balance sheet lists what you own and what you owe.
b) A balance sheet summarizes your income and payments for a given time period while your cash flow statement lists what you own and what you owe.
c) There is no difference between the two, they are two ways of organizing the same information.
d) A balance sheet lists your income and liabilities, while a cash flow statement shows what you own and the payments you make on what you own.

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