Which document is specifically used to track cash inflows and outflows?

The Cash Flow Sheet is fundamentally designed to monitor and report the inflows and outflows of cash within a company over a specific period. This document provides critical insights into how well a business manages its cash position, including operations, investment activities, and financing activities. It breaks down all cash transactions, allowing stakeholders to understand performance from a liquidity perspective. By outlining cash received and cash spent, this sheet captures the essence of a company's cash management and assures that there is enough cash on hand to meet obligations.

While the other documents mentioned provide valuable financial information, they serve different purposes. The Revenue Sheet primarily focuses on sales and income generation, lacking a comprehensive view of cash position changes. The Income Statement summarizes revenues and expenses to arrive at net profit but does not detail cash movements. The Balance Sheet, while offering a snapshot of a company’s assets, liabilities, and equity, does not track cash flow specifically. Thus, the Cash Flow Sheet emerges as the most pertinent document for tracking cash inflows and outflows.