What type of sheet documents tracking of expenditures over a set period?

The Expense Sheet specifically focuses on tracking expenditures over a designated period. This type of sheet provides an organized view of all expenses incurred, allowing users to monitor spending against budgets, investigate variances, and analyze spending trends. The emphasis is on documenting costs and categorizing them effectively, which is essential for financial management and planning.

While other types of financial reports, such as the Balance Sheet and Income Statement, include information related to expenses, they serve broader purposes. The Balance Sheet provides a snapshot of an organization’s financial position at a specific point in time, showing assets, liabilities, and equity rather than detailed spending over a period. The Income Statement, on the other hand, summarizes revenues and expenses to show profitability, but it does not drill down to track expenditures in the same way an Expense Sheet does. Therefore, the Expense Sheet is the most suitable choice for explicitly tracking expenditures over a specified timeframe.