Which accounts are typically included in the Cash Flow Statement Accounts?

In the context of a Cash Flow Statement, it is essential to understand that the statement captures the inflow and outflow of cash within a business across different activities: operating, investing, and financing. The accounts included in this statement should relate directly to cash transactions and cash management aspects of the business.

The correct option identifies accounts associated with activities that impact cash flow management. Net income arises from business operations and serves as the starting point for cash flow from operating activities, where adjustments are made for non-cash items and working capital changes. Equity reflects the owner's interest in the business and any transactions affecting cash flow like dividends paid or equity financing. Long-term liabilities relate to cash flow impacts from borrowing and repayment, impacting both cash outflows and inflows.

The other options consist of accounts that do not align with cash flow activities in the same way. For instance, Accounts Payable, while related to cash flow, is not included directly in the Cash Flow Statement; instead, changes in it would be shown as part of adjustments under operating activities. Similarly, Cost of Goods Sold and Other Expenses do not directly reflect cash transactions in the cash flow statement, as they may represent non-cash expenses. Unbilled Receivable can contribute to cash flow considerations but